bearish
Farmers Pull Off A Price Hike In India Amid Favorable External Trend
247 Views09 Dec 2024 18:00
Indian rubber prices are under pressure after staging a remarkable recovery in recent weeks from a low of INR 180/kg (RSS 4) on November 1. The prices were at their highest on December 3 and 4, 2024, at INR 199/kg (RSS 4-Kottayam) but have gradually declined since to INR 196/kg at the close of December 7, as per the Rubber Board data.
What is covered in the Full Insight:
- Introduction to Rubber Price Trends
- Factors Influencing Recent Rubber Prices
- Rubber Board's Initiatives for Farmers
- Proposed NOC Fee for Rubber Imports
- Impact of Imports on Domestic Market
SUMMARY
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