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Physical Rubber prices witness strength on Monday

11 Jun 2024 Evaluate
Physical Rubber prices witnessed strength on Monday amidst strong demand and supply worries in the market. Moreover, expectations of Fed’s interest rate cut this year also supported rubber prices’ up-move.

Spot prices for RSS-4 variety gained at Rs 199/ kg compared to its previous closing of Rs 197/ kg; while the RSS-5 variety rose at Rs 196/ kg compared to its previous closing of Rs 194/ kg.