Physical Rubber prices extend weakness on Wednesday
Physical Rubber prices extended weakness on Wednesday due to tepid demand from local industrial buyers. But 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 219/kg to its previous closing of Rs 220/kg; while the RSS-5 variety declined to Rs 214/kg to its previous closing of Rs 215/kg.
