Physical Rubber prices witnessed strength on Wednesday due to strong domestic demand after the US Fed opened the door to reducing borrowing costs as soon as September. Moreover, a severe shortage of natural rubber also kept rubber prices higher.
Spot prices for RSS-4 variety gained at Rs 224/ kg compared to its previous closing of Rs 222/ kg; while the RSS-5 variety rose at Rs 219/ kg compared to its previous closing of Rs 217/ kg.