Physical Rubber prices witnessed weakness on Wednesday amidst poor demand from industrial users followed by contraction in manufacturing activity in China. Meanwhile, data showed natural rubber production registered a growth of 8.3% during the previous fiscal.
Spot prices for RSS-4 variety fell to Rs 152.50/ kg compared to its previous closing of Rs 153/ kg; while the RSS-5 variety declined to Rs 149/ kg compared to its previous closing of Rs 149.50/ kg.
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