MoneyWorks4Me

Physical Rubber prices remain unchanged on Wednesday

21 Jan 2021 Evaluate

Physical Rubber prices remained unchanged on Wednesday due to worries over surging Covid-19 cases globally. While, pick-up in demand from tyre makers supported rubber prices. Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 153/ kg and Rs 144/ kg respectively.

In the futures market, February delivery lost to Rs 154 compared to its previous closing of Rs 155.81 on the Indian Commodity Exchange Limited (ICEX).

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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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