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Physical Rubber prices witness strength on Thursday

15 Mar 2024 Evaluate
Physical Rubber prices witnessed strength on Thursday amid a strong tyre demand outlook globally. Further, supply concerns also helped rubber prices to trade higher. But hotter US inflation data kept global investors cautious.

Spot prices for RSS-4 variety gained at Rs 178/ kg compared to its previous closing of Rs 177/ kg; while the RSS-5 variety rose at Rs 172/ kg compared to its previous closing of Rs 171/ kg.

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