Physical Rubber prices showed weakness on Tuesday due to buyer resistance in the market. Further, concerns over the spreading of corona virus outbreak and its impact on global economy, too added pressure on rubber prices. However, a continuing supply crunch capped the fall. Spot prices for RSS-4 variety declined to 132.50/ kg compared to its previous closing of Rs 133/ kg; while the RSS-5 variety fell to 126/ kg compared to its previous closing of Rs 127/ kg.
In the futures market, February delivery gained to Rs 133.00 compared to its previous closing of Rs 131.91, while March delivery was at Rs 135.00 compared to its previous close of Rs 133.75 on the Indian Commodity Exchange Limited (ICEX).
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: