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Physical Rubber prices remain unchanged on Friday

24 Feb 2024 Evaluate
Physical Rubber prices remained flat on Friday due to shrinking supplies in the market. Meanwhile, a strong tyre demand outlook this year kept rubber prices steady. The government had hiked financial assistance for the Rubber sector under the ‘Sustainable & Inclusive Development of Natural Rubber Sector’ by 23% to Rs 708.69 crore for the next two years.

Spot prices for RSS-4 and RSS-5 variety closed unchanged at its previous closing of Rs 166/ kg and Rs 162/ 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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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.

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