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Physical Rubber prices witness strength on Thursday

24 May 2024 Evaluate
Physical Rubber prices witnessed strength on Thursday amid supply concerns in the market, even as recent export incentive failed to cheer up beleaguered rubber growers of Kerala. However, some gains were limited by uncertainties over US interest rate cuts later this year.

Spot prices for RSS-4 variety gained at Rs 184.50/ kg compared to its previous closing of Rs 184/ kg; while the RSS-5 variety rose at Rs 181.50/ kg compared to its previous closing of Rs 181/ kg.

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