Physical Rubber extend weakness on Wednesday

10 Oct 2024 Evaluate

Physical Rubber extended weakness on Wednesday amidst sluggish demand at domestic markets. Although, expectations of further stimulus measures in China and a shortage in the domestic availability of natural rubber have checked further falls in rubber prices.

Spot prices for RSS-4 variety fell at Rs 209/ kg compared to its previous closing of Rs 210/ kg; while the RSS-5 variety declined at Rs 205/ kg compared to its previous closing of Rs 207/ kg.

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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