Physical Rubber prices witnessed some gain on Thursday, kindled by the strong demand from tire manufacturers as against supply shortages and tight stock position. Pre-Diwali preparations and rising auto sales in India have spurred consumption in footwear and consumer goods sectors, adding upside to natural rubber.
Spot prices for the RSS-4 variety higher to Rs 186.50/kg to its previous closing of Rs 186.00/ kg; while the RSS-5 variety higher to Rs 183.50/kg compard to its previous closing of Rs 183.00/ kg.
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