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Physical Rubber prices witness some improvement on Monday

25 May 2021 Evaluate

Physical Rubber prices witnessed some improvement on Monday due to bargain hunting at lower levels with supply shortages in the market, even though lockdown restrictions adding some pressure and capped further gains on rubber prices. Spot prices for RSS-4 variety remained unchanged at Rs 172/ kg; while the RSS-5 variety rose to Rs 169.50/ kg compared to its previous closing of Rs 169/ kg.

In the futures market, June delivery fell Rs 173.80 compared to its previous closing of Rs 174.08 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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