Skip to main content

MoneyWorks4Me

Physical Rubber prices witness strength on Thursday

23 Feb 2024 Evaluate
Physical Rubber prices witnessed strength on Thursday due to firm demand and shrinking supplies in the market. Meanwhile, a strong tyre demand outlook this year also kept rubber prices bullish. 

Spot prices for RSS-4 variety gained at Rs 166/ kg compared to its previous closing of Rs 165/ kg; while the RSS-5 variety rose at Rs 162/ kg compared to its previous closing of Rs 161/ kg.