Jojo Mathew

Rubber Daily Price Kerala 12/04/2018
Rubber RSS4 Kottayam: 119.00
Rubber RSS5: 117.00
Rubber Loose: 113.00
Rubber Lot: 107.00 – 109.00
Rubber scrap: 78.00
Rubber Latex: 80.00
Field Latex: 108.00
Rubber ISNR 20: 107.00

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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:

No fresh buying inrubber
• Spot rubber made all-round declines in the absence of fresh enquiries on Thursday.
• RSS-4 weakened to Rs.120 (121) a kg, according to traders and the Rubber Board. The grade dropped to Rs.116 (117) a kg, according to dealers.
• In futures, the April contracts concluded at Rs.117.56 (117.78), May at Rs.119.66 (119.53), June at Rs.121.75 (121.88) and July at Rs.122.80 (124.19) on the National Multi Commodity Exchange (NMCE).
• RSS-3 improved at its April futures to Rs.108.51 (106.69) on the TOCOM.
• Spot rubber rates (Rs./kg): RSS-4: 120 (121); RSS-5: 117 (118); ISNR 20: 108 (108.50) and Latex (60% drc): 82.50 (83).
TOCOM ends higheron firm oil prices
• Benchmark Tokyo rubber futures ended higher on Thursday buoyed by firm oil prices, however, gains were curbed by sluggish Shanghai futures and on concerns over high inventories.
• Tokyo Commodity Exchange (TOCOM) futures, which set the tone for rubber prices in Southeast Asia, got support as oil markets remained tense on concerns over a military escalation in Syria, although prices were way off Wednesday s late-2014 highs.
• The Tokyo Commodity Exchange rubber contract for September delivery finished 1.1 yen higher at 183 yen (US$1.71) per kg.
• High rubber stockpiles in consumers such as China and Japan weighed on the market.
• Crude rubber inventories at Japanese ports stood at 14,999 tonnes as of March 31, down 0.3% from the last inventory date, data from the Rubber Trade Association of Japan showed on Thursday.
• “The excess rubber stockpiles are piling up the stress on the producers,” said a Japanese trading source.
• The most-active rubber contract on the Shanghai futures exchange for September delivery dropped 65 yuan to finish 11,480 yuan (US$1,828) per tonne.
• The front-month rubber contract on Singapore s SICOM exchange for May delivery last traded at 138.1 US cents per kg, up 0.1 cent.

Rubber Daily Price Kerala 22/03/2018
Rubber RSS4 Kottayam: 123.00
Rubber RSS5: 119.00
Rubber Loose: 114.00
Rubber Lot: 108.00 – 110.00
Rubber scrap: 80.00
Rubber Latex: 79.00
Field Latex: 108.00
Rubber ISNR 20: 111.00

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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:
Spot rubbercontinues to slide
• Spot rubber continued to rule weak on Thursday. RSS-4 dropped to Rs.123 (123.50) a kg, according to traders and the Rubber Board.
• The grade slid to Rs.120 (120.50) as reported by the dealers.
• April futures declined to Rs.119.10 (122.24), May to Rs.121.65 (124.26), June to Rs.124.60 (127.02) and July to Rs.117.12 (129.93) on the NMCE.
• RSS-3 (spot) weakened to Rs.113.33 (113.42) at Bangkok. Its March futures slid to Rs.109.41 (109.51) on the TOCOM.
• Spot rubber rates (Rs./kg): RSS-4: 123 (123.50); RSS-5: 119.50 (120); ISNR 20: 113.50 (114) and Latex (60% drc): 83.50 (83.50).
TOCOM hits 1-monthlow on stronger yen, weaker Shanghai
• Benchmark Tokyo rubber futures hit a one-month low on Thursday, dragged down by a stronger yen and weaker Shanghai futures.
• Tokyo Commodity Exchange (TOCOM) futures, which set the tone for rubber prices in Southeast Asia, have also been pressured by rising rubber stockpiles in Japan and China, as well as worries over slack demand.
• Rubber stocks in Japan are at a more than three-year high, while a curb in exports by a group of the world s top three rubber producers is set to expire at the end of the month.
• “Good quality rubber is in excess, weighing on the market,” said a Japanese industry source.
• The dollar struggled against other currencies on Thursday after the Federal Reserve indicated it was more likely to raise interest rate three times in 2018 than the four that some dollar bulls had hoped for.
• The Tokyo Commodity Exchange rubber contract for August delivery finished 0.3 yen higher at 187.3 yen (US$1.77) per kg after touching a one-month low of 186.3 yen earlier.
• The most-active rubber contract on the Shanghai futures exchange for May delivery fell 60 yuan to finish at 12,130 yuan (US$1,916) per tonne.
• The front-month rubber contract on Singapore s SICOM exchange for April delivery last traded at 143.20 US cents per kg, up 0.2 cent.

Markets In Kerala and Tripura will be down

Rubber rate today increased due to the demand from tire companies. Rubber ISS grade in Kochi market improved  by RS. 250 per quintal and rubber RSS4 grade increased by Rs. 200 per quintal. Initially Tire companies had demanded Rs 118 per kilogram and they were forced to raise price to Rs 125 in Kottayam Rubber Market today.

Suppliers supplying rubber to tire companies bought 1500 tones of rubber over the weekend. Small tire companies also bought 500 tones of rubber. In the international market, the price of rubber in Bangkok fell by two rupees, while in China and Tokyo markets rubber rate today remained unchanged.

In China spot market rubber rate today  is Rs. 110 per kg and in Tokyo it is Rs.109 per kg. The decline in international prices will be lead to slow demand in domestic market in coming days. Merchants say that the middlemen among the farmers are holding the rubber without selling it expecting  the higher price. Farmers are hoping that prices will go up in the coming days when production is down.

Benchmark Tokyo Rubber Futures erased earlier gains and hit a one-week low.

Concerns about global trade are being considered on the Tokyo Commodity Exchange (TOCOM) futures as US President Donald Trump’s 25% steel import duty and 10% tariff on aluminum

As the global economy slow down, commodities will also be affected.

Inventories in Shanghai Futures Exchange warehouses, rose 0.2% compared to last week

Rubber Rate Today
RSS4 Kottayam: 125.00
RSS5: 122.00
Loose: 119.00
Lot: 114.00 – 116.00
Scrap: 86.00
Latex: 83.00
Field Latex: 117.00
ISNR 20: 116.00

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Rubber Daily Price Kerala 22/02/2018

Rubber RSS4 Kottayam: 124.00
Rubber RSS5: 120.00
Rubber Loose: 115
Rubber Lot: 110.00 – 113.00
Rubber scrap: 81.00
Rubber Latex: 84.00
Field Latex: 118.00
Rubber ISNR 20: 110.00

For SMS and Whatsapp Rubber Prices please contact 09744344233. 09495989460
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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

Rubber Market Reports
Rubber prices in decline
The price that Cambodian rubber latex fetches overseas dropped by 10 percent since the beginning of the year, a fall that officials attribute to an oversupply of the commodity in global markets and the sluggish growth of the international economy.
In January the price of Cambodian rubber overseas declined by 10 percent, going from $1,600 per ton in December to $1,444 by the end of the month.
Compared to January last year, when a ton of the commodity sold for $1,908, prices have dropped by as much as 25 percent, according to data released yesterday by the General Directorate of Rubber.
“We have noticed that the supply of rubber is still exceeding market demand. Meanwhile, the global economy, especially the United States and China, the two main markets for rubber, has not performed well economically. This has affected the price of rubber,” said Pol Sopha, director-general of the directorate.
“The price of our rubber is closely tied to the global economy too.”
In November last year Malaysia, Thailand and Indonesia decided to jointly restrict the amount of rubber they supply to the international market. Mr Sopha believes the move will help the price of Cambodian rubber recover.
“With these three countries committing to reduce the supply and with the World Bank forecasting that global economic growth will increase, the price of rubber will be picking up at some point in the upcoming months,” said Mr Sopha.
In 2017, Cambodia exported more than 190,000 tonnes of rubber latex, an increase of 30 percent year-on-year, according to the directorate.
In January the kingdom exported 18,783 tonnes of rubber, 32 percent more than the same month last year. Most of it was sent to Vietnam, Malaysia, Singapore and China.
During a meeting in Beijing last month, Yim Chhayly, Cambodia’s Deputy Prime Minister and chairman of the Cambodian Agricultural and Rural Development Council, and Patrick Yu, chairman of Cofco – China’s largest food processor, manufacturer and trader – agreed to set up a working group in the kingdom to explore the possibilities available in the local agricultural sector, including rubber.
Cambodia has 436,340 hectares of rubber plantations, of which 170,230 hectares (39 percent) are now harvestable.
Cambodia is the sixteenth largest rubber latex producer in the world, according to Mr Sopha, who also explained that the government aims to increase production to 300,000 tonnes by 2020.

Rubber Daily Price Kerala 15/02/2018
Rubber RSS4 Kottayam: 124.00
Rubber RSS5: 121.00
Rubber Loose: 116.00
Rubber Lot: 110.00 – 113.00
Rubber scrap: 80.00
Rubber Latex: 85.00
Field Latex: 120
Rubber ISNR 20: 109.00

Rubber Market Reports:-
Spot rubber endsflat
• Spot rubber finished flat on Thursday. RSS-4 continued to rule steady at Rs.124 a kg, according to traders and the Rubber Board.
• The grade closed unchanged at Rs.121 as reported by the dealers.
• February futures concluded at Rs.122.50 (122.46), March at Rs.125 (126.04), April at Rs.128.10 (128.85) and May at Rs.130.20 (130.69) on the NMCE.
• RSS-3 (spot) dropped to Rs.107.78 (108.26) at Bangkok. Its February futures weakened to Rs.104.52 (105.36) on the TOCOM.
• Spot rubber rates (Rs./kg): RSS-4: 124 (124); RSS-5: 121 (121); ISNR 20: 109 (109) and Latex (60% drc): 87 (87).
Price declinedrives pepper sellers away
• Persistent decline in prices has driven the sellers, especially in the High Ranges, away from the market on Thursday. They said they are not ready to part with their produce at the current prices.
• Meanwhile, buyers are also keeping away anticipating a further fall in prices.
• In the world market, Indian pepper is totally out priced and the only solace is in the domestic demand, which is slack due to flooding of the upcountry consuming centers with imported cheap material, market sources told Business Line.
• As a result, arrivals narrowed down to 11 tonnes today and of this three tonnes of purely local pepper were traded at Rs.377 a kg, while eight tonnes of High Range pepper went for Rs.390.
• Spot pepper fell further by Rs.300 a quintal to Rs.38,600 (ungarbled) and Rs.40,600 (garbled).
• Export prices were at $6,775 a tonne c&f for Europe and $7,025 for the US.
TOCOM bounces backfrom 8-mth low on higher commodities prices
• Benchmark Tokyo rubber futures rose on Thursday, bouncing back from near 8-month lows hit the previous session, on the back of higher oil and metals prices, but trades were thin as China began a week-long Lunar New Year holiday.
• Oil prices rose by around 1 percent on Thursday to extend gains from the previous session, lifted by a weak dollar and Saudi comments that it would rather see an under supplied market than end a deal with OPEC and Russia to withhold production. London copper prices on Thursday rose for a fourth session to their highest in 10 days, supported by a decline in the dollar and robust prospects for global growth. The Tokyo Commodity Exchange (TOCOM) rubber contract for July delivery finished 1.7 yen higher at 186.0 yen ($1.75) per kg. It hit the lowest since June 21 of 184.1 yen the previous day.
• “Higher commodities prices offset pressure from a higher yen,” said Jiong Gu, an analyst at Yutaka Shoji Co.
• The dollar extended its losses against the yen and hit a new 15-month low on Thursday, with market participants bracing for further near-term weakness in the U.S. currency. A stronger yen makes yen-denominated assets less affordable when purchased in other currencies.