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Physical Rubber prices extended gains on Thursday

22 Apr 2016 Evaluate

Physical Rubber prices extended gains on Thursday amidst acute short supplies in markets. Spot prices for RSS-4 variety jumped to 139/ kg compared to its previous closing of Rs 135/ kg; while the RSS-5 variety improved to 136/ kg compared to its previous closing of Rs 132/ kg.

In the futures market, contract of May delivery firmed up to Rs 146.61 compared to its previous closing of Rs 142.50, while June delivery closed at Rs 146.52 compared to its previous close of Rs 142.64 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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