Physical Rubber Prices extend gains on Thursday

Physical Rubber Prices extended gains on Thursday on rumours that the Government has given specific instructions to procure rubber to stabilise the prices.

Spot prices for RSS-4 variety improved to Rs 120/ kg compared to its previous closing of Rs 119.50/ kg; while the RSS-5 variety surged to Rs 114/ kg compared to its previous closing of Rs 113.50/kg.

In the futures market, contract of May delivery weakened marginally to Rs 121.00 compared to its previous closing of Rs 121.54, while June delivery closed at Rs 123.86 compared to its previous close of Rs 124.04 on the National Multi Commodity Exchange (NMCE).

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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