COMMODITY
Physical Rubber extends weakness on Monday
Oct-22-2024

Physical Rubber extended weakness on Monday amidst tepid demand from domestic industrial consumers in spite of shortage in the domestic availability of natural rubber. Moreover, concerns over China's economic recovery and its impact on global demand also weighed on domestic prices. 

Spot prices for RSS-4 variety fell at Rs 187/ kg compared to its previous closing of Rs 191/ kg; while the RSS-5 variety declined at Rs 183/ kg compared to its previous closing of Rs 187/ kg.


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