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Physical Rubber prices witness some strength on Tuesday

29 May 2024 Evaluate
Physical Rubber prices witnessed some strength on Tuesday on strong demand ahead of key inflation data from major economies this week that could provide guidance on the global interest rate outlook. Further, supply worries also supporting rubber prices’ up-move. 

Spot prices for RSS-4 variety gained at Rs 188/ kg compared to its previous closing of Rs 187/ kg; while the RSS-5 variety rose at Rs 184.50/ kg compared to its previous closing of Rs 183.50/ kg.

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