Jojo Mathew

PEPPER PRICE, COCUNUT PRICE

* Market Rates changed are shown in red letters
Sl No Commodity Name Rate/Quintel
1 Coconut Oil (Ready) (COMA) 16800
2 Coconut Oil (MILLING) 18300
3 Copra (As it is) 11190
4 C.N Oil Cake (Expeller) 2300
5 C.N Oil Cake (Rotary) 3000
13 RBD Palmolein 6880
14 Pepper Ungarbled 33700
15 Pepper New 32200
18 Pepper Garbled (Ready) 35700
19 Pepper Month Vaida – May –
20 Ginger Medium 14000
21 Ginger Best 15000
22 Turmeric Salem 8500-9000
23 Turmeric Agmark (Erode) 9000
24 Nux Vomica —
25 Ambalhaldhar 10500
26 Kolinjan 14000–15000
27 Kachura —
28 Kapurkatchli 14000-17000
29 Marotti Oil 1000
30 Betelnuts 18000-19000
31 Wheat 2550
32 Rice Raw – No.2 2900
33 Rice Boiled – Sulekha 3750
34 Rice Broken 2400
35 Chillies 10800-15800
36 Coriander Round 6500
37 Coriander Split 5500
38 Coriander No.1 9500
39 Bengal Gram 4500-5400
40 Black Gram 6500-7200
41 Gingelly 11000
42 Green Gram 7000–7600
43 Horse Gram 4500
44 Jeera Seeds 19000-20000
45 Mustard Seeds 4400-4700
46 Peas Dal 4900-5500
47 Toor Dal 6000-6400
48 Sugar (Per Bag) 3750
49 Coir Yarn – Cochin Parur Thin (85 M/Kg) 4900
50 Vycome Thick (180 M/Kg) 5000
51 Choriwal Thin
52 Pepper Month Vaida – Jun —
53 Ginger – Infirior 11000
54 Rice Boiled – Jaya 3200
55 Coconut Oil (FCEI) (Month Vaida) – Aug —
56 Pepper Husk —
62 Copra (FAQ) 11900
63 Turmeric Nadan —

KOTTAYAM: Even as the Central Government is making an inordinate delay in declaring a comprehensive package for the ailing natural rubber (NR) farming sector, torrential rain has hit its rubber production in the first quarter of the financial year.

More importantly, the production slipped at a time when the consumption recorded a significant increase, making way for unprecedented import of rubber in the first quarter.

The prospect of domestic rubber market appears to be grim owing to various reasons, including price fall in the international market and uncontrolled import. As per the statistics of the Rubber Board, the rubber production in the first three months (April-June) in this fiscal was 1.26 lakh tonnes against 1.43 lakh tonnes, during the same period in the previous fiscal, recording an 11.9 percent decrease. Consumption was in an upward trajectory, with 3.02 lakh tonne in the same period against 2.64 lakh tonnes in the previous fiscal.

The increase was 14.2 percent. The experts cited various reasons for the increase in consumption, which include the anti-dumping duty (ADD) imposed for the import of truck and bus radial tires from China. This argument is proven right with the substantial increase in the rubber consumption by tire companies, which recorded a 17.7 percent increase in this year. The tire companies consumed 2,16,316 tonnes of rubber this fiscal against 1,83,619 tonne in the same period last year.

What raises concerns among the farmers is the 25 percent increase in the import of rubber, which was 1,18,355 tonnes in the first three months against 94,982 tonnes in the same period the previous year. “The decrease in the natural rubber production and low price in the international market has triggered the import,” an expert told Express.

“However, this would create serious repercussions in the rubber sector in coming months.”
The significant factor is that the price of rubber moved down even while the consumption increased.
“There are various reasons for this phenomenon that include the price fall for rubber in the international market. While the international price of sheet rubber was `30 higher than the Indian market in the first quarter of the previous fiscal, this has turned turtle in this fiscal and the domestic price is `30 above the international price now. If this trend continues, the domestic price is likely to slip down soon,” said sources.

Though the Rubber Board has initiated various measures to promote rubber production, farmers have taken a negative stance towards rubber tapping, taking into account the low income from rubber.

Rubber Production Kerala