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Physical Rubber prices witness gains on Friday

23 Nov 2024 Evaluate

Physical Rubber prices witnessed gains on Friday amidst firm demand against concerns about a severe shortage of natural rubber in the domestic market, while revived hopes of further economic stimulus from China has supported sentiments.

Spot prices for RSS-4 variety gained at Rs 186/ kg compared to its previous closing of Rs 185/ kg; while the RSS-5 variety rose at Rs 183/ kg compared to its previous closing of Rs 182/ kg.

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