MoneyWorks4Me

Physical Rubber prices witness strength on Monday

12 Nov 2024 Evaluate
Physical Rubber prices witnessed strength on Monday amidst strong demand and a severe shortage of natural rubber in domestic market, even as China’s latest stimulus package left investors disappointed across global markets. 

Spot prices for RSS-4 variety unchanged at its previous closing of Rs 184/ kg; while the RSS-5 variety rose at Rs 181/ kg compared to its previous closing of Rs 180/ kg.