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Physical Rubber prices witness some improvement on Thursday

16 Jun 2017 Evaluate

Physical Rubber prices witnessed some improvement on Thursday on account of covering purchases at lower levels. Spot prices for RSS-4 variety jumped to 122/ kg compared to its previous closing of Rs 121/ kg; while the RSS-5 variety closed unchanged at Rs 119/kg.

In the futures market, June delivery inched down to Rs 120.25 compared to its previous closing of Rs 120.75, while July delivery closed at Rs 124.93 compared to its previous close of Rs 125.83 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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