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Physical Rubber prices extend weakness on Thursday

15 Sep 2023 Evaluate

Physical Rubber prices extended weakness on Thursday amid subdued demand from consuming industries and rising supplies from major producing belts at physical market. However, some losses were capped by more stimulus measures from China. 

Spot prices for RSS-4 variety fell to Rs 146/ kg compared to its previous closing of Rs 146.50/ kg; while the RSS-5 variety declined to Rs 141.50/ kg compared to its previous closing of Rs 142.50/ kg.

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