Physical Rubber prices witness strength on Monday

24 May 2022 Evaluate

Physical Rubber prices witness strength on Monday, supported by firmness in demand from domestic as well as exports markets. Data showed that the global natural rubber market size was $22360 million in 2020 and it is expected to reach $26350 million by the end of 2027, with a CAGR of 2.4% during 2021-2027.

Spot prices for RSS-4 variety gained to Rs 174.50/ kg compared to its previous closing of Rs 174/ kg; while the RSS-5 variety rose to Rs 172.50/ kg compared to its previous closing of Rs 172/ kg.

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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