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Physical Rubber prices witness firmness on Friday

01 Jul 2023 Evaluate

Physical Rubber prices witnessed firmness on Friday due to firm demand from consuming industries, despite concerns over US Fed's interest rate-hike path to tame inflation. 

Spot prices for RSS-4 variety gained to Rs 154/ kg compared to its previous closing of Rs 153/ kg; while the RSS-5 variety rose to Rs 151/ kg compared to its previous closing of Rs 150.50/ kg.