Physical Rubber prices declined on Wednesday amidst tepid demand as tyre firms abstaining from the market. However, shortage in the domestic availability of natural rubber and potential stimulus announcements from China have limited further declines in rubber prices.
Spot prices for RSS-4 variety fell at Rs 182/ kg compared to its previous closing of Rs 183/ kg; while the RSS-5 variety declined at Rs 178/ kg compared to its previous closing of Rs 179/ kg.
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