COMMODITY
Physical Rubber extends weakness on Tuesday
Oct-16-2024

Physical Rubber extended weakness on Tuesday tracking sluggish demand from domestic industrial consumers at prevailing higher rates, while uncertainty surrounding the China's economic stimulus plans has also weighed on rubber prices. However, a shortage in the domestic availability of natural rubber have checked further declines in rubber prices. 

Spot prices for RSS-4 variety fell at Rs 200/ kg compared to its previous closing of Rs 201/ kg; while the RSS-5 variety declined at Rs 196/ kg compared to its previous closing of Rs 197/ kg.

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