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Physical Rubber prices witness strength on Tuesday

28 Feb 2024 Evaluate
Physical Rubber prices witnessed some strength on Monday, fuelled by shrinking supplies in the market. Moreover, a strong tyre demand outlook this year has also kept rubber prices bullish.

Spot prices for RSS-4 variety rose at Rs 167/ kg compared to its previous closing of Rs 166.50/ kg; while the RSS-5 variety gained at Rs 163/ kg compared to its previous closing of Rs 162.50/ 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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