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Physical Rubber prices remain unchanged on Friday

16 Nov 2024 Evaluate
Physical Rubber prices remained unchanged on Friday due to muted demand from industrial consumers and a severe shortage of natural rubber in the domestic market. Concerned over the sharp decline in natural rubber prices, the NCRPS has called on farmers to stop selling rubber until the price exceeds Rs 200 per kilogram, marking the first time such a protest has been staged in the industry’s history.  

Spot prices for RSS-4 and RSS-5 variety closed unchanged at its previous closing of Rs 183/ kg and Rs 180/ kg, respectively.

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