Physical Rubber prices witness gains on Saturday
Physical Rubber prices witnessed gains on Saturday, supported by robust demand from the automotive and tyre industries. Besides, increasing production costs for synthetic alternatives and continued domestic supply shortages have also reinforced the upward trend in natural rubber prices.
Spot prices for the RSS-4 variety rose to Rs 250/kg to its previous closing of Rs 249/kg; while the RSS-5 variety gained to Rs 246/kg to its previous closing of Rs 245/kg.
