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Physical Rubber prices witness strength on Wednesday

25 Jan 2024 Evaluate
Physical Rubber prices witnessed strength on Wednesday due to good demand with a strong tyre demand outlook in 2024. Further, fall in global production and diminished carryover stocks in Kerala have also helped rubber prices to trade higher. 

Spot prices for RSS-4 variety gained at Rs 162/ kg compared to its previous closing of Rs 161.50/ kg; while the RSS-5 variety rose at Rs 158.50/ kg compared to its previous closing of Rs 157.50/ kg.

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