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Physical Rubber prices witness firmness on Thursday

16 Dec 2016 Evaluate

Physical Rubber prices extended its firmness on Thursday on enquiries from tyre sector as sellers stayed back tracking the sharp gains in the global markers. Spot prices for RSS-4 variety jumped to 138/ kg compared to its previous closing of Rs 134/ kg; while the RSS-5 variety climbed to 131/ kg compared to its previous closing of Rs 129/ kg.

In the futures market, January delivery weakened to Rs 140.79 compared to its previous closing of Rs 143.26, while February delivery closed at Rs 143.97 compared to its previous close of Rs 146.02 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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