Physical Rubber prices witness gains on Saturday
Physical rubber prices witnessed gains on Saturday due to continued domestic supply shortages and robust demand, especially from the automotive and tyre sectors. Moreover, high production costs of synthetic alternatives also supported natural rubber prices’ up-move.
Spot prices for the RSS-4 variety gained to Rs 232/kg to its previous closing of Rs 231.50/kg; while the RSS-5 variety rose to Rs 227.50/kg to its previous closing of Rs 227/kg.
