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Physical Rubber prices remain unchanged on Saturday

19 Aug 2024 Evaluate

Physical Rubber prices remained unchanged on Saturday amidst muted domestic demand and shortage of natural rubber in the domestic market. Moreover, growing expectations for an upcoming interest-rate cut by the US Federal Reserve also kept rubber prices unchanged. 

Spot prices for RSS-4 and RSS-5 variety closed unchanged at its previous closing of Rs 239/ kg and Rs 234/ kg, respectively.