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Physical Rubber prices witness improvement on Wednesday

15 Oct 2020 Evaluate

Physical Rubber prices showed improvement on Wednesday due to rising demand from domestic buyers, followed by gains in global markets, despite concerns over surging corona virus cases around the globe. Though, hopes of higher supply from major producing belts capped some gains.

Spot prices for RSS-4 variety gained to 135.50/ kg compared to its previous closing of Rs 135/ kg; while the RSS-5 variety jumped to 131/ kg compared to its previous closing of Rs 129/ 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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