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Physical Rubber prices witness some strength on Wednesday

18 Jan 2024 Evaluate

Physical Rubber prices witnessed some strength on Wednesday amidst strong demand from consuming industries at the domestic spot markets. Furthermore, constrained global supplies and diminished carryover stocks in Kerala have also helped rubber prices to trade higher. 

Spot prices for RSS-4 variety unchanged at its previous closing of Rs 160/ kg; while the RSS-5 variety gained at Rs 156/ kg compared to its previous closing of Rs 155.50/ kg.

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