Physical Rubber prices witness weakness on Monday

Physical Rubber prices witnessed weakness on Monday due to sharp slowdown in demand amid concerns surrounding global virus resurgence. Further, lockdown related concerns too added more pressure on rubber prices. However, rubber supply shortage issues capped further fall in rubber prices.

Spot prices for RSS-4 variety fell to Rs 164/ kg compared to its previous closing of Rs 166.50/ kg; while the RSS-5 variety declined to Rs 159/ kg compared to its previous closing of Rs 162.50/ kg. In the futures market, May delivery lost to Rs 166 compared to its previous closing of Rs 167.37 on the Indian Commodity Exchange Limited (ICEX).

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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