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Physical Rubber prices witness weakness on Tuesday

29 Nov 2023 Evaluate
Physical Rubber prices witnessed weakness on Tuesday tracking subdued demand from consuming industries with uncertainty over the path of US interest rates. However, truant weather and low rubber production in Kerala limited further falls in rubber prices. 

Spot prices for RSS-4 variety declined to Rs 153.50/ kg compared to its previous closing of Rs 154/ kg; while the RSS-5 variety fell to Rs 150.50/ kg compared to its previous closing of Rs 151/ kg.

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