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Physical Rubber prices witness improvement on Thursday

13 Nov 2020 Evaluate

Physical Rubber prices showed improvement on Thursday due to supply crunch along with expectations of rise in demand from domestic tyre makers. Rubber prices gained further on firm global demand even as concerns over surging cases of Covid-19 around the globe continue to linger.

Spot prices for RSS-4 variety gained to 154/ kg compared to its previous closing of Rs 153/ kg; while the RSS-5 variety jumped to 145/ kg compared to its previous closing of Rs 144/ 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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