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Physical Rubber prices witness strength on Monday

27 Feb 2024 Evaluate
Physical Rubber prices witnessed some strength on Monday, fuelled by robust global demand along with a strong tyre demand outlook this year. Meanwhile, shrinking supplies also kept rubber prices bullish.

Spot prices for RSS-4 variety rose at Rs 166.50/ kg compared to its previous closing of Rs 166/ kg; while the RSS-5 variety unchanged at its previous closing of Rs 162.50/ kg.