Physical Rubber prices remain flat on Thursday
Physical rubber prices held steady on Thursday due to continued domestic supply shortages and robust international demand, especially from the automotive and tyre sectors. Elevated oil prices have pushed up the manufacturing cost of synthetic rubber, making natural rubber a more cost-effective option for industrial buyers.
Spot prices for RSS-4 and RSS-5 variety closed unchanged at its previous closing of Rs 231/kg and Rs 227/kg, respectively.
