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Physical rubber prices declined on Thursday

31 Jul 2015 Evaluate

Physical rubber prices declined on Thursday on account of buyer resistance in the market. Spot prices for RSS-4 variety declined to Rs 123/ kg compared to its previous closing of Rs 123.50/ kg; while the RSS-5 variety reduced to 120.50/ kg compared to its previous closing of Rs 121/kg.

In the futures market, contract of August delivery inched up to Rs 122.44 compared to its previous closing of Rs 122.29, while September delivery closed at Rs 121.89 compared to its previous close of Rs 121.94 on the National Multi Commodity Exchange (NMCE).

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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