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Physical Rubber prices remain unchanged on Tuesday

20 Apr 2022 Evaluate

Physical Rubber prices remained unchanged on Tuesday on account of sluggish demand in the domestic market. Copious summer rains allow tapping to continue during lean season in parts of the main rubber-producing state Kerala also kept domestic sentiments under pressure. While rising crude oil prices following deepening crisis in Ukraine supporting rubber prices to some extent.

Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 171/ kg and Rs 168.50/ kg respectively.

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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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