Physical Rubber prices witness weakness on Tuesday
Physical Rubber prices witnessed weakness on Tuesday due to tepid demand from local industrial buyers. However, tensions in the Middle East have supported prices indirectly by boosting oil costs, which increases the cost of synthetic rubber alternatives. Overall, the global rubber market is experiencing a strong bullish trend due to supply crunch as major rubber-producing regions enter the off-season for tapping. The global demand for natural rubber projected to exceed production for the sixth consecutive year in 2026.
Spot prices for the RSS-4 variety fell to Rs 220/kg to its previous closing of Rs 221/kg; while the RSS-5 variety declined to Rs 215/kg to its previous closing of Rs 216/kg.
