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Physical Rubber prices witness firmness on Wednesday

09 May 2019 Evaluate

Physical Rubber prices showed firmness on Wednesday as demand from domestic stockists is improving against ongoing supply concerns in the market. Spot prices for RSS-4 variety rose to Rs 130.50/ kg compared to its previous closing of Rs 130/ kg; while the RSS-5 variety gained Rs 128.50/ kg compared to its previous closing of Rs 128/ kg.

In the futures market, May delivery fell to Rs 131.62 compared to its previous closing of Rs 131.93, while June delivery was at Rs 133.15 compared to its previous close of Rs 133.40 on the Indian Commodity Exchange Limited (ICEX).

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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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