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Physical Rubber prices extended gains on Thursday

14 Jun 2024 Evaluate
Physical Rubber prices extended gains on Thursday tracking firm demand and supply worries in the domestic market. Although, some gains were limited as the US Federal Reserve signaled that just one interest rate cut is expected before the end of the year.

Spot prices for RSS-4 variety gained at Rs 203/ kg compared to its previous closing of Rs 202/ kg; while the RSS-5 variety unchanged at its previous closing of Rs 199/ kg.