Physical Rubber prices witness some gains on Thursday
Physical Rubber prices witnessed some gains on Thursday driven by strong industrial demand and global supply concerns. Also, surging crude oil prices have increased the production cost of synthetic rubber, making natural rubber more economically attractive to industrial buyers.
Spot prices for the RSS-4 variety unchanged at its previous closing of Rs 218.50/kg; while the RSS-5 variety gained to Rs 214/kg to its previous closing of Rs 213.50/kg.
