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Physical Rubber prices showed some weakness on Monday

23 Aug 2016 Evaluate

Physical Rubber prices showed some weakness on Monday on buyers’ resistance in the market. Spot prices for RSS-4 variety decreased to 136/ kg compared to its previous closing of Rs 137/ kg; while the RSS-5 variety dropped to 130/ kg compared to its previous closing of Rs 132/ kg.

In the futures market, contract of September delivery fell to Rs 127.37 compared to its previous closing of Rs 130.99, while October delivery closed at Rs 121 compared to its previous close of Rs 124.55 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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