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Physical Rubber prices witness some strength on Tuesday

24 Jan 2024 Evaluate
Physical Rubber prices witnessed some strength on Tuesday on good demand with the prospect of strong tyre demand in 2024. Further, fall in global production and diminished carryover stocks in Kerala have also helped rubber prices to trade higher. 

Spot prices for RSS-4 variety gained at Rs 161.50/ kg compared to its previous closing of Rs 161/ kg; while the RSS-5 variety unchanged at its previous closing of Rs 157.50/ 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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