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Physical Rubber prices remain unchanged on Wednesday

29 Jul 2021 Evaluate

Physical Rubber prices remained unchanged on Wednesday following concerns over fast spreading Delta variant of the coronavirus in some parts of the world, while the Association of Natural Rubber Producing Countries (ANRPC) has projected a rise in the prices of natural rubber in the short term due to improved demand from China, India, US and Europe. Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 170/ kg and Rs 168/ kg respectively.

In the futures market, August delivery lost to Rs 171.10 compared to its previous closing of Rs 171.30 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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