Physical Rubber prices witnessed some strength on Monday amidst supply worries in the market. Meanwhile, strong domestic demand with expectations for interest rate cuts in the world’s largest economy this year has also supported rubber prices’ up-move.
Spot prices for RSS-4 variety gained at Rs 193/ kg compared to its previous closing of Rs 192/ kg; while the RSS-5 variety rose at Rs 190/ kg compared to its previous closing of Rs 189/ kg.