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Physical Rubber prices witness some strength on Wednesday

07 Mar 2024 Evaluate

Physical Rubber prices witnessed some strength on Wednesday supported by a strong tyre demand outlook this year. Further, lower supplies in the market also kept the prices up.

Spot prices for RSS-4 variety gained at Rs 168.00/ kg compared to its previous closing of Rs 167.50/ kg; while the RSS-5 variety rose at Rs 164.50/ kg compared to its previous closing of Rs 164.00/ kg.