Physical rubber prices moved slightly higher on Thursday on the back of improvement in domestic and international futures market and supply concern due to rains in growing areas. However, the gains were limited after the domestic futures declined in late trade, indicating that the market was still under pressure on higher production, stocks and imports.
Spot prices for RSS-4 variety closed at Rs 205/kg compared to its previous closing of Rs 204/kg , while the RSS-5 variety closed at Rs 201/kg compared to its previous closing of Rs 200/kg.
In the futures market, the contract of RSS-4 for August delivery closed at Rs 205.01 compared to its previous closing of Rs 206.54, while the contract for September delivery closed at Rs 203.70 compared to its previous closing of Rs 203.94 on the National Multi Commodity Exchange.
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.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: