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Physical Rubber prices remain unchanged on Wednesday

25 May 2023 Evaluate
Physical Rubber prices remained unchanged on Wednesday on demand concerns globally with growing expectations the US central bank will hike interest rates further in June, while global economic slowdown fears loom. At the same time, India’s natural rubber production exceeded 800,000 tons for the first time in a decade. 

Spot prices for RSS-4 and RSS-5 variety closed unchanged at Rs 160/ kg and Rs 157/ 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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