Physical Rubber prices witnessed gains on Tuesday tracking strong demand and supply woes globally. Rubber prices gained further amid a weaker dollar and optimism about China’s consumption stimulus. However, uncertainty surrounding US tariff measures have limited further gains in rubber prices.
Spot prices for the RSS-4 variety gained at Rs 198/ kg compared to its previous closing of Rs 197/ kg; while the RSS-5 variety rose at Rs 195/ kg compared to its previous closing of Rs 194/ kg.