Physical Rubber prices extend falls on Monday
Physical Rubber prices extended falls on Monday following muted demand conditions in the market, although weather concerns in major producing belts, expectations of more policy support in China and US rate cut hopes have limited further weakness in rubber prices.
Spot prices for the RSS-4 variety fell at Rs 197/ kg compared to its previous closing of Rs 198/ kg; while the RSS-5 variety declined at Rs 194/ kg compared to its previous closing of Rs 195/ kg.
