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Natural rubber prices stablise after slipping from 6-year high
Rubber Board of India data shows that production picked up in November due to the price uptrend, though it was down during the first seven months of the current fiscal. January 21, 2021 / 06:26 PM IST
Natural rubber prices in India have come down from the six-year peak seen in November and are ruling stable, though a little lower than global rates.
According to the Rubber Board of India, the price of ribbed smoked sheet (RSS) four grade rubber, used by tyre manufacturers, is Rs 153 a kg against the nearly Rs 170 a kg in November.