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Physical Rubber prices witness some strength on supply crunch

27 Oct 2023 Evaluate
Physical Rubber prices witnessed strength on Thursday, buoyed by the firm demand from industrial consumers of domestic and international markets. Further, curtailed production, and supply crunch from producing belts also supported the upward momentum.

Spot prices for RSS-4 variety remained flat at its previous closing at 152.00/kg; while the RSS-5 variety settled higher at Rs 150.00/kg its previous closing at of Rs 149.50/ kg.