Physical Rubber prices witness gains on Monday
Physical rubber prices witnessed gains on Monday due to continued domestic supply shortages against robust demand from the automotive and tyre sectors. Moreover, high production costs of synthetic alternatives also supported natural rubber prices’ up-move.
Spot prices for the RSS-4 variety gained to Rs 233/kg to its previous closing of Rs 232/kg; while the RSS-5 variety rose to Rs 228.50/kg to its previous closing of Rs 227.50/kg.
