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Physical Rubber prices witness improvement on Friday

16 Jan 2021 Evaluate

Physical Rubber prices showed improvement on Friday, encouraged by firm demand from bulk buyers in the market. Further, optimism over global recovery due to mass rollout of corona virus vaccines globally and US stimulus package too supported rubber prices.

Spot prices for RSS-4 variety gained to 152/ kg compared to its previous closing of Rs 150.50/ kg; while the RSS-5 variety rose to 142/ kg compared to its previous closing of Rs 140.50/ 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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