Physical Rubber prices extended gains on Tuesday supported by Strong demand at domestic spot market, while supply constraints due to rain also supported rubber prices. Moreover, the Association of Natural Rubber Producing Countries (ANRPC) said the country’s rubber goods manufacturing sector is anticipated to rebound in the remaining months of the year unless the pandemic takes another wave. Spot prices for RSS-4 variety rose to Rs 172/ kg compared to its previous closing of Rs 171.50/ kg; while the RSS-5 variety gained to Rs 170/ kg compared to its previous closing of Rs 169.50/ kg.
In the futures market, August delivery gained to Rs 171.70 compared to its previous closing of Rs 171.28 on the Indian Commodity Exchange Limited (ICEX).
Start Research-backed Investing ...Now. Subscribe to Sapphire
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.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: