Physical rubber prices strengthened further on Wednesday on some supply concerns and the absence of quantity sellers, while the resumption of rain too strengthened the market. Though, the future prices declined marginally but there was no buying pressure from major consuming industries in the spot markets.
Spot prices for RSS-4 variety closed at Rs 217/kg compared to its previous closing of Rs 215/kg, while the RSS-5 variety closed at Rs 214/kg compared to its previous closing of Rs 212/kg.
In the futures market the contract of RSS-4 for July delivery closed at Rs 213.80 compared to its previous closing of Rs 213.73, while the contract of August delivery closed at Rs 216.15 compared to its previous closing of Rs 216.82 on the National Multi Commodity Exchange.
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.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: