Physical Rubber prices witnessed strength on Saturday amidst a severe shortage of natural rubber in domestic market. Meanwhile, strong demand and growing optimism on a potential US interest rate reduction by September, have also kept rubber prices higher.
Spot prices for RSS-4 variety gained at Rs 231/ kg compared to its previous closing of Rs 230/ kg; while the RSS-5 variety rose at Rs 226/ kg compared to its previous closing of Rs 225/ kg.