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Physical Rubber prices witness improvement on Saturday

21 Dec 2020 Evaluate

Physical Rubber prices showed improvement on Saturday due to firm demand from domestic buyers even as caution still lingering over surging corona virus cases across the globe. Though, hopes of rise in arrivals in the coming weeks amid the peak production season kept the commodity prices under pressure.

Spot prices for RSS-4 variety gained to 157.50/ kg compared to its previous closing of Rs 157/ kg; while the RSS-5 variety jumped to 148/ kg compared to its previous closing of Rs 147.50/ 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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