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05-Jan2019

Physical Rubber prices witness improvement on Friday

Physical Rubber prices showed improvement on Friday on account of expectations of higher demand from domestic stockists and the ongoing supply crunch. The recent uptick in benchmark contracts on TOCOM is also seen supporting rubber prices in domestic market.

Spot prices for RSS-4 variety rose to Rs 125/ kg compared to its previous closing of Rs 124/ kg; while the RSS-5 variety jumped to Rs 121/ kg compared to its previous closing of Rs 120/ kg.


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