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Physical Rubber prices witness strength on Tuesday

18 Oct 2023 Evaluate
Physical Rubber prices witnessed strength on Tuesday amid strong demand from industrial consumers both at domestic as well as international markets following some signs of stabilization in China's economy. Further, limited supplies also supported rubber prices’ uptrend.

Spot prices for RSS-4 variety gained to Rs 152/ kg compared to its previous closing of Rs 151/ kg; while the RSS-5 variety rose to Rs 148/ kg compared to its previous closing of Rs 146.50/ kg.

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