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Physical Rubber prices witnessed improvement on Monday

21 Jun 2016 Evaluate

Physical Rubber prices showed some improvement on Monday following the moderate gains in domestic futures. Spot prices for RSS-4 variety jumped to 132/ kg compared to its previous closing of Rs 131/ kg; while the RSS-5 variety climbed to 129/ kg compared to its previous closing of Rs 128/ kg.

In the futures market, contract of July delivery firmed up to Rs 133.16 compared to its previous closing of Rs 129.82, while August delivery closed at Rs 131.31 compared to its previous close of Rs 127.80 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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