Physical Rubber prices witnessed weakness on Tuesday, weighed by concerns over accelerated spread of Omicron corona virus variant and ahead of Christmas holiday mood. Meanwhile, the Association of Natural Rubber Producing Countries (ANRPC) reported that the world rubber economy during the year 2021 is likely to end with a deficit of around 200,000 tonnes, although the anticipated deficit is not large compared to the size of the global market and the lopsided supply-demand balance can support the market.
Spot prices for RSS-4 variety fell to Rs 171/ kg compared to its previous closing of Rs 173/ kg; while the RSS-5 variety diminished to Rs 166/ kg compared to its previous closing of Rs 168/ kg.
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: