Physical Rubber extend weakness on Thursday

11 Oct 2024 Evaluate

Physical Rubber extended weakness on Thursday amidst muted 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 declines in rubber prices.

Spot prices for RSS-4 variety fell at Rs 206/ kg compared to its previous closing of Rs 209/ kg; while the RSS-5 variety declined at Rs 202/ kg compared to its previous closing of Rs 205/ 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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