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Physical Rubber prices witness some improvement on Monday

13 Jul 2021 Evaluate

Physical Rubber prices witnessed some improvement on Monday, supported by firm demand at domestic spot market. Although, rising worries over fast spreading of Delta variant virus in some parts of the world capped further gains on rubber prices. Spot prices for RSS-4 variety remained unchanged at Rs 167/ kg; while the RSS-5 variety rose to Rs 164.50/ kg compared to its previous closing of Rs 164/ kg.

In the futures market, August delivery lost to Rs 172.20 compared to its previous closing of Rs 172.28 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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