Physical rubber prices show mixed trend on Thursday

Physical rubber prices showed a mixed trend on Thursday, tracking sharp declines in futures market. Further, weak global trend setters and the absence of follow up buying in leading counters kept the commodity under pressure during late trading session.

Spot prices for RSS- 4 variety remain unchanged at Rs. 164/ kg, while RSS- 5 variety lowered to Rs. 157.50/ kg compared to its previous closing of Rs. 158/ kg.

In the futures market, contract of December delivery declined to Rs. 162.05 compared to its previous closing of Rs. 165.97, while January delivery closed at Rs. 163.83 compared to its previous close of Rs. 168.11 on the National Multi Commodity Exchange (NMCE).

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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