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Physical rubber prices declined on Monday

04 Aug 2015 Evaluate

Physical rubber prices declined on Monday due to lack of genuine buyers in the market. Spot prices for RSS-4 variety declined to Rs 120/ kg compared to its previous closing of Rs 121.50/ kg; while the RSS-5 variety reduced to 118/ kg compared to its previous closing of Rs 119.50/kg.

In the futures market, contract of August delivery dropped to Rs 118.15 compared to its previous closing of Rs 120.57, while September delivery closed at Rs 118.05 compared to its previous close of Rs 119.79 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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