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Physical rubber prices improve on Friday

15 Feb 2014 Evaluate

Physical rubber prices improved on Friday in the absence of sellers, as most of the traders were unwilling to sell below Rs 171 a kg for RSS 4 variety.

Spot prices for RSS-4 variety improved to Rs 150/ kg compared to its previous closing of Rs 148/ kg, while RSS-5 variety closed at Rs 148/ kg compared to its previous close of Rs 145.50/ kg.

In the futures market, contract of February delivery increased to Rs 149.51 compared to its previous closing of Rs 147.63, while March delivery closed at Rs 152.95 compared to its previous close of Rs 150.91 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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