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Physical Rubber prices extend gains on Tuesday

11 Aug 2021 Evaluate

Physical Rubber prices extended gains on Tuesday due to improved demand from certain tyre makers coupled with supply constraints in the market, while covering purchases also lifted rubber sentiments. However, concerns over fast spreading of Delta variant of the coronavirus capped further gains. Spot prices for RSS-4 variety rose to Rs 176.50/ kg compared to its previous closing of Rs 176/ kg; while the RSS-5 variety gained to Rs 174.50/ kg compared to its previous closing of Rs 174/ kg.

In the futures market, September delivery gained to Rs 176.60 compared to its previous closing of Rs 175.48 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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