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Physical Rubber prices ruled firm on Monday

28 Jun 2016 Evaluate

Physical Rubber prices ruled firm on Monday, tracking the moderate gains in domestic futures and international markets on Monday. Spot prices for RSS-4 variety jumped to 138/ kg compared to its previous closing of Rs 136.50/ kg; while the RSS-5 variety climbed to 134/ kg compared to its previous closing of Rs 133/ kg.

In the futures market, contract of July delivery increased sharply to Rs 141.59 compared to its previous closing of Rs 137.16, while August delivery closed at Rs 137.69 compared to its previous close of Rs 133.79 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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