Jojo Mathew

TOCOM falls amid worries over lean China demand

TOKYO (July 26): Benchmark Tokyo rubber futures dropped on Thursday amid worries over demand in China, the world’s biggest buyer, due to mounting trade tensions, while a blast outside the US embassy in Beijing raised concerns over political stability.

A bomb exploded outside the US embassy on Thursday, wounding the lone assailant, the embassy said in a statement, but police described the weapon merely as a “firework device”.

“The news raised questions about stability of China’s political situation,” said Hiroyuki Kikukawa, general manager of research, Nissan Securities.

“Investors are worried about both economy and politics of China going forward amid its trade wars with the United States,” he said.

The new Tokyo Commodity Exchange (TOCOM) rubber contract for January delivery finished at 167.1 yen (US$1.51) per kg, down 1.7 yen, or 1%, from an opening price of 168.8 yen.

The TOCOM benchmark, which sets the tone for rubber prices in Southeast Asia, hovered around a near 22-month-low hit in the previous session.

The most-active rubber contract on the Shanghai futures exchange for September delivery rose 15 yuan to finish at 10,295 yuan (US$1,519) per tonne.

“We hear there may be some impact on rubber output in Yunnan province due to heavy rain, which may cap further losses, but the rubber prices is likely to stay under pressure because of worries over China,” Kikukawa said.

The front-month rubber contract on Singapore’s SICOM exchange for August delivery last traded at 132.7 US cents per kg, unchanged from the previous day.

(US$1 = 110.7100 yen)
(US$1 = 6.7796 Chinese yuan)

TOCOM rubber snaps 4-day losing streak on Shanghai recovery

TOKYO ( 25):   futures rose on Wednesday, snapping a four-session losing streak and recovering from a 22-month low hit the previous day, helped by gains in Shanghai futures and as investors looked for bargains.

“We’ve seen some position adjustments ahead of the near-term contract’s expiration,” a Tokyo-based dealer said, adding that the market has been oversold and Shanghai gains also lent support.

Tokyo Commodity Exchange (TOCOM) futures, which set the tone for  in Southeast Asia, had hit their lowest since Oct 5, 2016 on Tuesday, dragged down by concerns over escalating US-China trade spats.

The TOCOM  for December delivery finished 2.1 yen, or 1.3%, higher at 168.4 yen (US$1.52) per kg.

COMMODITY PRICE ON  25/07/2018

COMMODITY PRICE ON  25/07/2018
* 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 6900
14 Pepper Ungarbled 33900
15 Pepper New 32400
18 Pepper Garbled (Ready) 35900
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 6600-7300
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) 3800
49 Coir Yarn – Cochin Parur Thin (85 M/Kg) 5000
50 Vycome Thick (180 M/Kg) 5100
51 Choriwal Thin 7000
52 Pepper Month Vaida – Jun
53 Ginger – Infirior 11000
54 Rice Boiled – Jaya 3200
62 Copra (FAQ) 11900
63 Turmeric Nadan

 

(Untitled)

Daily Rubber Price

Daily Rubber Prices
Current Rubber Price 131.50
Rubber Today Price 131.50
Rubber Sheet Price 131.50
Rubber Material Price 131.50
Commodity Price Rubber 131.50
Rubber Solution Price 131.50
Rubber Spot Price 131.50
Live Rubber Price 131.50
Natural Rubber Price Today 131.50
Rubber Market Price Today 131.50
Daily Rubber Market Price 131.50
Natural Rubber Commodity Price 131.50
Natural Rubber Prices 131.50
Raw Rubber Price 131.50
Rubber Commodity Prices 131.50
Rubber Price 2018 131.50
 Rubber Price Per Kg 131.50
1 Kg Rubber Price In Kerala 131.50
1 Kg Rubber Price In Kerala Today 131.50
Rubber Price Today 131.50
Rubber Market Kerala Today 131.50
Rubber Daily Price Kerala Today 131.50
Rubber Spot Price Kerala 131.50
Rubber Kottayam Price 131.50
Rubber Kochi Price Rubber 131.50
Rubber Price Kerala 131.50
Rubber Raw Material Prices 131.50
Rubber Sheet Price Kerala Today 131.50
Rubber Sheet Price Today 131.50
Rubber Sheet Price In Kerala 131.50
Rubber Cost Per Kg 131.50
Kerala Rubber Market 131.50
Rubber RSS4 Kottayam Price 131.50
Rubber RSS4 Kochi Price 131.50
Rubber Price RSS4 Cochin 131.50
Rubber Kottayyam Price 131.50
Rubber Cochin Price 131.50
Rss4 Rubber Price 131.50
Rubber Price Live 131.50
Rubber Daily Price 131.50
Rubber Price Per Ton 13150.00
Rss1 Rubber Price
Rss5 Rubber Price 129.00
Rubber Price Loose 125.00
Rubber Lot Price 112.00
Rubber Scrap Price 98.00
Rubber Scrap Price Today 97.00
Rubber Rubber Price ISNR 20 129.00
Rubber Price ISNR 10 125.00
Rubber Price  Scrap 88.00
Rubber Ottupal Price 87.00
Merchant Rubber Rate 128.00
Rubber Latex Price 83.00
Rubber Field Latex Price 117.00
Future Rubber Prices Plus
Rubber Prices Trend Positive
Rubber Price Hike Hike
Rubber Price Increases Up

Centre richer by Rs 1,890 crore via rubber imports

KOCHI: At a time when the rubber growers are slowing recovering from the fall in prices, the Central Government has made an unexpected gain of Rs 1,890 crore by way of various duties from the import of 4.5 lakh MT of natural rubber (NR) during the recent fiscals, according to Indian Farmer’s Movement (Infam).

The Centre exchequer benefits from 25 per cent import duty, 3 per cent Central excise duty, 3 per cent Customs cess and 4 per cent counter-veiling duty, adding to a total of 35 per cent duty for rubber imports, it stated.

The import of NR touched 458,374 tonnes in 2015-16, before declining to 426,434 tonnes in 2016-17.
“On the one hand, the Kerala government is ensuring the farmers get Rs150/kg while on the other, the Centre gets additional around Rs 2,000 crore through imports, which in turn affects the domestic demand for the rubber,” said MC George, national trustee of Infam.

He said the Centre should at least use a part of the proceeds from the rubber imports for helping rubber farmers. The ‘Grow in India’ programme will be the casualty as natural rubber growers are exploited by both the industry and the rulers in the country.

“If there are no benefits, growers will stop cultivation and the country will be forced to import its full requirement,” George said.

An officer with the state Finance Department said despite the cash crunch, the state government has been providing rubber farmers with an assured Rs 150/kg by paying the shortfall in the market price. “We have the used entire Rs 500 crore provided in the budget for the rubber price stabilisation scheme. The money is directly credited in the bank accounts and, it’s functioning smoothly,” the officer said.

In 2013-14, Kerala produced around 90 per cent of the country’s NR needs – the state produced 9 lakh MT when the consumption stood at 10 lakh MT. Following the fall in prices, the production has fallen to 6 lakh MT, Infam said.

Spot rubber India continues to rule steady

Spot  continued to rule steady on Tuesday.  4 was quoted unchanged at 131 a kg, by traders. The grade improved to 131 (130.50) according to the Rubber Board. The trend was partially mixed as latex 60 per cent firmed up further to 86.50 (85.50) on enquiries from the general rubber goods sector. RSS 4 inched up at its August futures to 132.40 (132.35) while ’s September futures slid to 130.81 (131.26) on the National Multi Commodity Exchange (NMCE). RSS 3 (spot) dropped to 101.36 (102.26) at . July futures declined to 99.28 (101.01) on the Tokyo Commodity Exchange ()

Rubber Price Today, Rubber Market Reports

Rubber Daily Price Kerala 24/07/2018

Rubber RSS4 Kottayam:               131.00

Rubber RSS5:                                  128.00

Rubber  Loose:                               124.00

Rubber Lot:                                      112.00 – 115.00

Rubber scrap:                                 97.00

Rubber Latex:                                  83.00

Field Latex:                                     117.00

Rubber ISNR 20:                              127.00

 

For SMS and Whatsapp Rubber Prices please contact  09744344233. 09495989460

Register Online at RubberIndiaonline.com for 5 day free trial SMS and Whatsapp Rubber Price Alerts

 

Rubber Market Kerala Today, Rubber Daily Price Kerala Today, Rubber Spot Price Kerala, Rubber Kottayam Price, Rubber Kochi Price, Rubber , Rubber Price Kerala, Rubber Market News, Rubber Board, Rubber Sheet Price, Rubber Latex Price, Pepper Price, Arecanut Price, Cardamom Price, Coconut Price, Kopra Price, Coffee price, Kerala Rubber Market

Market Reports:

കറുത്തപൊന്നിന്കഷ്ടകാലം , 2500 ടണ്ലങ്കന്കുരുമുളക്നികുതിയില്ലാതെ ഇറക്കുമതിക്ക്‌RIND

മട്ടാഞ്ചേരി : ശ്രീലങ്കയും ഇന്ത്യയും തമ്മിലുള്ള വ്യാപാരകരാര്‍ പ്രകാരം ശ്രീലങ്കയില്‍നിന്ന്‌ 2500 ടണ്‍ കുരുമുളക്‌ ഉടനെ ഇന്ത്യയിലെത്തിയേക്കും. ഇത്‌ കേരളത്തിലെ കുരുമുളക്‌ കര്‍ഷകര്‍ക്ക്‌ കനത്ത സാമ്പത്തിക നഷ്‌ടത്തിനു വഴിയൊരുക്കും.
ഇന്ത്യയിലെ 99 ഇറക്കുമതി കമ്പനികള്‍ക്കാണ്‌ നികുതിയില്ലാതെ ശ്രീലങ്ക- ഇന്ത്യ കരാര്‍ അനുസരിച്ച്‌ 2500 ടണ്‍ കുരുമുളക്‌ ഇറക്കുമതി ചൈയ്ുയന്നത്‌. ഇറക്കുമതി ചെയ്യുന്ന കുരുമുളക്‌ കിലോയ്‌ക്ക് 500 രൂപ നിജപ്പെടുത്തി ഡയറക്‌ടര്‍ ജനറല്‍ ഓഫ്‌ ഫോറിന്‍ ട്രേഡ്‌സ്‌ (ഡി.ജി.എഫ്‌.ടി)ഇറക്കിയ ഉത്തരവിനെതിരേ ഇറക്കുമതി ലോബികള്‍ കേരള ഹൈക്കോടതിയെ സമീപിച്ചിരുന്നു.
ഇറക്കുമതി ചെയ്യുന്ന കുരുമുളകിന്‌ 500 രൂപയെന്ന മിനിമം നിരക്കില്‍ മാറ്റം വരുത്തണമെന്നും നിരക്ക്‌ കുറയ്‌ക്കണമെന്നും ആവശ്യപ്പെട്ടാണ്‌ ഇറക്കുമതിക്കാര്‍ കോടതിയെ സമീപിച്ചത്‌. തല്‍ക്കാലം ഇറക്കുമതിക്കാര്‍ക്ക്‌ കോടതി അനുകുലമായതോടെയാണ്‌ 2500 ടണ്‍ കുരുമുളക്‌ ശ്രീലങ്കയില്‍നിന്ന്‌ ഇന്ത്യയിലെ വിവിധ തുറമുഖങ്ങളില്‍ എത്തുന്നത്‌.
കുരുമുളകിന്റെ വില കിലോയ്‌ക്ക്‌ ശ്രീലങ്ക 275 രൂപയാണു നിരക്ക്‌. കയറ്റുമതി ചെയ്യുന്ന ശ്രീലങ്കന്‍ മുളക്‌ ഗുണനിലവാരം കുറഞ്ഞ രണ്ടാംതര മുളകാണ്‌. വിയറ്റ്‌നാമില്‍ കുരുമുളക്‌ കിലോക്ക്‌ 175 രൂപയാണ്‌.
ശ്രീലങ്കയും ഇന്ത്യയും തമ്മിലുള്ള കരാര്‍ പ്രകാരം വില തീരെ കുറഞ്ഞ വിയറ്റ്‌നാം മുളക്‌ ശ്രീലങ്ക വഴിവരാനും സാധ്യതയുണ്ട്‌. കൊച്ചിയില്‍ കുരുമുളക്‌ വില കിലോക്ക്‌ 336 രൂപയാണ്‌. ഇറക്കുമതി ചെയ്‌ത്‌ ഇന്ത്യയിലെത്തുന്ന കുരുമുളക്‌ കപ്പല്‍വഴിയും മറ്റും അനുബന്ധ കൂലികളും ചേര്‍ത്താല്‍ കിലോക്ക്‌ 290 രൂപവരെ വരുകയുള്ളൂ.
ഇറക്കുമതി ചെയ്യുന്നവര്‍ ഉത്തരേന്ത്യയിലാണ്‌ വില്‍പന സാധ്യത തേടുന്നത്‌. മഴ തുടങ്ങിയിട്ട്‌ ആഴ്‌ചകള്‍ പിന്നിട്ടു. പറിച്ച പച്ചമുളക്‌ ഇനിയും കര്‍ഷകര്‍ ഉണക്കികഴിഞ്ഞിട്ടില്ല. ഓണം പടിക്കലെത്തി.
സാമ്പത്തിക ആവശ്യങ്ങള്‍ക്കായി കര്‍ഷകര്‍ നേരത്തെ സ്‌റ്റോക്ക്‌ ചെയ്‌ത കുരുമുളക്‌ വിപണിയില്‍ വില്‍പനക്കെത്തിക്കാന്‍ തുടങ്ങുന്നതിനിടയിലാണ്‌ ഇറക്കുമതി വരുന്നത്‌.

ജോസഫ്‌ വെണ്ണിക്കുളം

 

Spot rubber continues to rule steady

  • Spot rubber continued to rule steady on Tuesday. RSS 4 was quoted unchanged at Rs.131 a kg, by traders.
  • The grade improved to Rs.131 (130.50) according to the Rubber Board.
  • The trend was partially mixed as latex 60 per cent firmed up further to Rs.86.50 (85.50) on enquiries from the general rubber goods sector.
  • RSS 4 inched up at its August futures to Rs.132.40 (132.35) while it s September futures slid to Rs.130.81 (131.26) on the National Multi Commodity Exchange (NMCE).
  • RSS 3 (spot) dropped to Rs.101.36 (102.26) at Bangkok. July futures declined to Rs.99.28 (101.01) on the Tokyo Commodity Exchange (TOCOM).

 

Kerala HC stays DGFT’s notification on pepper minimum import price

  • Pepper exporters, mainly value-added processors, heaved a sigh of relief when they obtained an interim stay from the Kerala High Court on the DGFT notification fixing a minimum import price on pepper at Rs.500/kg.
  • Passing the order, the Court observed that only the Central Government has the power to issue notification, framing or amending the Exim policy under the Foreign Trade (Development & Regulation) Act 1992.
  • The court order comes in the wake of a batch of writ petitions filed by Kancor Ingredients, Synthite Industries, etc challenging that the Directorate-General of Foreign Trade has no jurisdiction to amend the policy condition by way of a notification under section 3 of the Act, as the same provides only for issuance of orders restricting imports and exports.
  • According to the petitioners, the MIP notification destroyed pepper imports to the country and consequently, the export of value-added products of pepper has seen a significant decline for the year 2017-18.
  • There has also been a sharp decline in the export of value-added products due to the imposition of MIP without which no person could import pepper.
  • The petitioners said that total pepper production in the country is within the range of 35-60,000 tonnes, while the domestic consumption itself is more than 50-70,000 tonnes per year. The requirement of pepper for export purpose or for other value-added products is in the range of 20,000 tonnes.
  • Even when the pepper production in the country has been at its maximum, it was not sufficient to meet the export requirement for the spice industry. Further the pepper available in other countries are also suited for value added products due to which imports from Sri Lanka, Vietnam, Indonesia have boosted the export of value added products such as ground spices, oleoresins, etc.
  • The cheap labour and surplus production in other countries has forced petitioners to depend on imports to compete in the world market.
  • Unless competitive pricing is provided, the domestic spice industry will be hit, they said.

 

 

Black Pepper Price Today Kerala

Variety MAX MIN Modal
Garbled 32500 31000 32000
Malabar 27000 26344 27000
Ungrabled 32000 28500 31000

COMMODITY PRICE KERALA ON  24/07/2018

COMMODITY PRICE ON  24/07/2018
* 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
6 Coconut Oil (FCEI) (Month Vaida) – Sep
7 Coconut Oil (FCEI) (Month Vaida) – June
8 Coconut Oil (FCEI) (Month Vaida) – july
9 Copra (Month Vaida)
10 Copra (Month Vaida)
11 Copra (Month Vaida)
12 Copra (Month Vaida)
13 RBD Palmolein 6800
14 Pepper Ungarbled 33900
15 Pepper New 32400
16 Pepper Light
17 Pepper Pin-Heads (Cheer)
18 Pepper Garbled (Ready) 35900
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 6600-7300
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) 3700
49 Coir Yarn – Cochin Parur Thin (85 M/Kg) 5000
50 Vycome Thick (180 M/Kg) 5100
51 Choriwal Thin 7000
52 Pepper Month Vaida – Jun
53 Ginger – Infirior 11000
54 Rice Boiled – Jaya 3200
55 Coconut Oil (FCEI) (Month Vaida) – Aug
56 Pepper Husk
57 Pepper Month Vaida – July
58 Pepper Month Vaida – Aug
59 Pepper Month Vaida – Sept
60 Pepper Month Vaida – Apl
61 Rice Raw – No.1
62 Copra (FAQ) 11900
63 Turmeric Nadan
×

Hello!

Click one of our contacts below to chat on WhatsApp

× WhatsApp