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Physical Rubber prices witness some weakness on Tuesday

14 Aug 2024 Evaluate

Physical Rubber prices witnessed some weakness on Tuesday due to sluggish demand, despite concerns regarding a shortage of supplies in the market. Meanwhile, investors are in caution mode ahead of upcoming data from the United States and China, the world’s two largest economies. 

Spot prices for RSS-4 variety fell at Rs 243/ kg compared to its previous closing of Rs 246/ kg; while the RSS-5 variety declined at Rs 240/ kg compared to its previous closing of Rs 243/ kg.


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