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Physical Rubber prices witness strength on Tuesday

28 Feb 2024 Evaluate
Physical Rubber prices witnessed some strength on Monday, fuelled by shrinking supplies in the market. Moreover, a strong tyre demand outlook this year has also kept rubber prices bullish.

Spot prices for RSS-4 variety rose at Rs 167/ kg compared to its previous closing of Rs 166.50/ kg; while the RSS-5 variety gained at Rs 163/ kg compared to its previous closing of Rs 162.50/ kg.