COMMODITY
Physical Rubber prices witness gain on Wednesday
Sep-19-2024
Physical Rubber prices witnessed gains on Wednesday amidst concerns about natural rubber shortage in the country. Although, gains were checked as the all India Rubber Industries Association (AIRIA) predicted a potential 5-7% decline in rubber prices from current levels in the near term due to the slowdown in the automotive sector. 

Spot prices for RSS-4 variety gained at Rs 230/ kg compared to its previous closing of Rs 229/ kg; while the RSS-5 variety rose at Rs 227/ kg compared to its previous closing of Rs 226/ kg.

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