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Physical Rubber extend weakness on Friday

14 Oct 2024 Evaluate
Physical Rubber extended weakness on Friday amidst muted demand at domestic markets and uncertainty surrounding the China's economic stimulus plans. Although, a shortage in the domestic availability of natural rubber have checked further declines in rubber prices. 

Spot prices for RSS-4 variety fell at Rs 203/ kg compared to its previous closing of Rs 206/ kg; while the RSS-5 variety declined at Rs 199/ kg compared to its previous closing of Rs 202/ kg.