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Physical Rubber prices extend weakness on Tuesday

11 Dec 2024 Evaluate

Physical Rubber prices extended weakness on Tuesday due to sluggish demand in the domestic spot markets, despite China’s recent stimulus efforts. Meanwhile escalating conflicts in the global markets also weighed on rubber prices globally.

Spot prices for RSS-4 variety fell at Rs 193/ kg compared to its previous closing of Rs 195/ kg; while the RSS-5 variety declined at Rs 189/ kg compared to its previous closing of Rs 191/ kg.


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