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Physical Rubber prices witness some weakness on Tuesday

22 Nov 2023 Evaluate
Physical Rubber prices witnessed some weakness on Tuesday tracking subdued demand from consuming industries with uncertainty over the path of US interest rates. Meanwhile investors are cautiously awaiting minutes of US Fed’s recent meeting due later in the day. 

Spot prices for RSS-4 variety unchanged at its previous closing of Rs 154/ kg; while the RSS-5 variety declined to Rs 151.50/ kg compared to its previous closing of Rs 152/ kg.

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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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