Physical Rubber prices witnessed gains on Monday driven by the tight supplies as it is tapping off-season in major producing regions in Southern India, particularly Kerala. Meanwhile, strong demand from tire manufacturers continues to underpin elevated market prices.
Spot prices for the RSS-4 variety rose to Rs 216.50/kg to its previous closing of Rs 216.00/kg; while the RSS-5 variety gained to Rs 211.50/kg to its previous closing of Rs 211.00/kg.
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