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Physical Rubber prices witness some weakness on Wednesday

23 Dec 2021 Evaluate

Physical Rubber prices witnessed some weakness on Wednesday, due to lack of fresh enquiries from the industrial sectors. Besides, buyer resistance in the market due to worries of accelerated spread of Omicron corona-virus variant and ahead of Christmas holiday mood also weighed on rubber sentiments. Spot prices for RSS-4 variety fell to Rs 170/ kg compared to its previous closing of Rs 171/ kg; while the RSS-5 variety remained unchanged at Rs 166/ kg.

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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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