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Physical Rubber prices extend weakness on Thursday

02 Jul 2021 Evaluate

Physical Rubber prices extended weakness on Thursday amid rising Covid-19 infections globally. Spot prices for RSS-4 variety declined to Rs 166/ kg compared to its previous closing of Rs 167/ kg; while the RSS-5 variety fell to Rs 163/ kg compared to its previous closing of Rs 164.50/ kg.

In the futures market, July delivery lost to Rs 172 compared to its previous closing of Rs 172.01 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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