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Physical Rubber prices remain unchanged on Thursday

23 Apr 2021 Evaluate

Physical Rubber prices remained unchanged on Thursday following resurgence in corona-virus cases in the country. However, increasing demand for rubber across various industries along with supply shortage issues supported rubber prices to some extent.

Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 163/ kg and Rs 158/ kg respectively. In the futures market, May delivery gained to Rs 165.60 compared to its previous closing of Rs 165.36 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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