Physical Rubber prices witness some firmness on Saturday

Astrazeneca Pharma India Ltd. | Pharmaceuticals & Drugs | Healthcare | BSE: 506820 | NSE: ASTRAZEN

01 Sep 2020 Evaluate

Physical Rubber prices showed some firmness on Saturday due to improved demand against ongoing supply crunch in the market. Rubber prices also remained firm on expectations of a revival in global demand. The Association of Natural Rubber Producing Countries said global consumption is expected to increase 2.6 percent on-year in August-October. Rubber prices were unavailable on Monday as key markets in Kerala were shut on account of Onam.

Spot prices for RSS-4 variety gained to 136/ kg compared to its previous closing of Rs 135/ kg; while the RSS-5 variety remained unchanged at Rs 131/kg.

Peers

Company Name	CMP
Sun Pharma. Inds.	1835.50
Dr. Reddys Labs.	1171.10
Cipla	1371.45
Lupin	2144.70
Zydus Lifesciences	1153.00
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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