Physical Rubber prices witness some gains on Friday
Physical rubber prices witnessed some gains on Friday due to continued domestic supply shortages and robust international demand, especially from the automotive and tyre sectors. Meanwhile, high production costs of synthetic alternatives also supported natural rubber prices’ up-move.
Spot prices for the RSS-4 variety gained to Rs 231.50/kg to its previous closing of Rs 231/kg; while the RSS-5 variety unchanged at its previous closing of Rs 227/kg.
