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Physical Rubber prices remain flat on Friday

06 Jan 2024 Evaluate
Physical Rubber prices remained flat on Friday amid subdued demand from consuming industries at the domestic spot markets with eased expectations for an early Federal Reserve interest rate cut this year. Moreover, diminished carryover stocks in Kerala and constrained global supplies have also kept rubber prices unchanged.

Spot prices for RSS-4 and RSS-5 variety closed unchanged at its previous closing of Rs 155.50/ kg and Rs 152.50/ 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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