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Physical Rubber prices witness improvement on Thursday

27 Aug 2021 Evaluate

Physical Rubber prices witnessed improvement on Thursday, supported by strong demand from tyre makers against supply crunch in the market. Though, concerns about surging cases of delta variant of coronavirus globally capped gains in rubber prices. Spot prices for RSS-4 variety rose to Rs 180/ kg compared to its previous closing of Rs 179.50/ kg; while the RSS-5 variety gained to Rs 178/ kg compared to its previous closing of Rs 177.50/ kg.

In the futures market, September delivery gained to Rs 179 compared to its previous closing of Rs 178.89 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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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.

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