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Physical Rubber prices remain unchanged on Wednesday

29 Feb 2024 Evaluate
Physical Rubber prices remained flat on Wednesday due to shrinking supplies in the market along with a strong tyre demand outlook this year. Meanwhile, uncertainties over upcoming inflation readings and warnings from US Federal Reserve officials also kept rubber prices steady.

Spot prices for RSS-4 and RSS-5 variety closed unchanged at its previous closing of Rs 167/ kg and Rs 163/ kg respectively.