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Physical rubber prices declined on Monday

28 Jan 2014 Evaluate

Physical rubber prices declined to a four-year low on Monday following steep fall in the domestic and international markets.

Spot prices for RSS-4 variety declined to Rs 146/ kg compared to its previous closing of Rs 149.50/ kg, while RSS-5 variety closed at Rs 142/ kg compared to its previous close of Rs 145/ kg.

In the futures market, contract of February delivery dived to Rs 142.28 compared to its previous closing of Rs 148.20, while March delivery closed at Rs 144.49 compared to its previous close of Rs 150.51 on the National Multi Commodity Exchange (NMCE).

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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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