SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Physical Rubber prices witness some weakness on Wednesday

02 Feb 2023 Evaluate
Physical Rubber prices witnessed some weakness on Wednesday due to decline in demand from domestic industrial buyers following looming recession fears globally.  Meanwhile, the Union Budget proposed an increase in the basic customs duty on compounded rubber from 10 percent to 25 percent or Rs 30 per kg, whichever was lower, at par with natural rubber, other than latex.

Spot prices for RSS-4 variety fell to Rs 141.50/ kg compared to its previous closing of Rs 142/ kg; while the RSS-5 variety unchanged at its previous closing of Rs 139.50/ kg.


About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×