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Physical Rubber prices witness improvement on Monday

22 Dec 2020 Evaluate

Physical Rubber prices showed improvement on Monday due to firm demand from bulk buyers against tight supplies globally. Though, some gains were capped by a new strain of Sars-CoV-2 virus that has emerged in the United Kingdom and triggered panic across countries.

Spot prices for RSS-4 variety gained to 158/ kg compared to its previous closing of Rs 157.50/ kg; while the RSS-5 variety jumped to 148.50/ kg compared to its previous closing of Rs 148/ 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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