Physical Rubber prices remain flat on Friday
Physical rubber prices held steady on Friday due to continued domestic supply shortages and robust international demand, especially from the automotive and tyre sectors. Meanwhile, elevated oil prices have pushed up the manufacturing costs of synthetic alternatives, increasing the appeal of natural rubber for industrial use.
Spot prices for RSS-4 and RSS-5 variety closed unchanged at its previous closing of Rs 249/kg and Rs 245/kg, respectively.
