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Physical Rubber prices witness some improvement on Tuesday

23 Sep 2020 Evaluate

Physical Rubber prices showed some improvement on Tuesday due to rising demand from domestic buyers on the back of expectations of lower rubber production globally, although sluggish demand from tyre makers as the production of automobiles has been severely hit due to the corona virus lockdown capped some gains.

Spot prices for RSS-4 variety remained unchanged at Rs 133/ kg; while the RSS-5 variety gained to 129/ kg compared to its previous closing of Rs 128.50/ kg.

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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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