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Physical Rubber prices witness some strength on Monday

28 May 2024 Evaluate
Physical Rubber prices witnessed some strength on Monday on firm demand, even with cautious ahead of key inflation data from major economies this week, that could provide guidance on the global interest rate outlook. Moreover, supply worries also supporting rubber prices’ up-move. 

Spot prices for RSS-4 variety gained at Rs 187/ kg compared to its previous closing of Rs 186/ kg; while the RSS-5 variety rose at Rs 183.50/ kg compared to its previous closing of Rs 182.50/ kg.

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