Physical Rubber prices remain flat on Tuesday
Physical rubber prices held steady on Tuesday due to continued supply shortages in both domestic and global markets, while robust demand from the automotive and tyre sectors provided some support. Elevated oil prices have raised the 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.
