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Summer rains: Rubber prices rise, rubber production hits record high

Kottayam : Record rubber production in the country during the last financial year. Rubber prices are on the rise due to heavy summer rains. From April 2021 to March 2022, India produced 7.75 lakh tonnes of rubber. According to figures released by the Rubber Board, this is a recent record for rubber production. Production was estimated at 7.15 lakh tonnes in 2020-2021. The average rubber price last year was Rs 171 per kg. Meanwhile, it went up to Rs 194. The lowest is up to Rs 160 only.

“With the rise in prices, more and more farmers are returning to farming,” said Rubber Board Executive Director Dr. KN Raghavan said. ‘The plantation adoption scheme started by the Rubber Board has helped to resume tapping in abandoned plantations. Tapping began with the adoption of 4,000 acres. The plan is for the board to take care plantations that do not have workers to tap latex. Rain guarding of more plantations has also increased production, ”he said.

With the onset of summer rains, rubber prices started rising again. 172 per kg yesterday. It had fallen to Rs 171 the previous day. The increase was due to lower tapping in the rains and lower rubber inflows into the market. The board estimates that the price will reach Rs 180 if this situation continues.

Sir
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Rubber Price Per Kg Today

The state has received good rainfall over the last few days. Although the daytime temperature did not decrease, the arrival of summer rains brought relief to the garden area. Farmers’ withdrawal from rubber tapping for more than a month due to dry weather has reduced the supply of goods to the market. This will not affect the operations of many large companies as they receive foreign goods at the beginning of the month. At the same time, small traders in northern India competed for the goods, raising the fifth grade to Rs 172 Rubber Price Per Kg Today. Latex is priced at Rs 117 but the price has gone up to Rs 126 due to high demand for field latex. The price of fourth grade rubber is Rs. 174.

Rubber Price Per Kg Today
RSS4@174/173.50
RSS5@171
Loose@168
Lot@158/163
Scrap80@123
Latex@115
Field Latex@170/168
ISNR-20@163.50

1 Kg rubber price in Kochi today 14-12-2021

1 Kg rubber price in Kochi today

1 Kg rubber price in Kochi today

14-12-2021

Rss-4 178.50
Rss-5 175.00
Loose 170.00
Lot 160.00-165.00
Scrap75 110.00
Latex 127.00
Field Latex 185.00
ISNR-20 166.00

1 kg rubber price in Kochi Kerala fell today on expectation of a rise in supply as tapping in key producing regions has resumed due to an improvement in weather conditions. Low demand from domestic stockists and bulk buyers also weighed on prices. In the global market, rubber contracts on the Tokyo Commodity Exchange gave up early gains and ended flat due to a fall in crude oil prices on the New York Mercantile Exchange. Sentiment was also weighed down by a stronger dollar, which makes dollar-denominated commodities expensive for foreign holders, analysts said.

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Rubber Price Per Kg Today 03-12-2021

Rubber Price Per Kg 03-12-2021

1 Kg Rubber Price Kerala Today 2021

Rss-4 186.00
Rss-5 183.00
Loose 179.00
Lot 170.00-175.00
Scrap75 114.50
Latex 130.00
Field Latex 195.00
ISNR-20 170.00

Rubber Price per Kg set for first weekly drop in on amid Omicron fears. Rubber Price on Kottayam market today was down by 1 rupee at Rs.186 for grade sheet. Even after the rubber price reached on higher levels farmers are in crisis. Tapping rubber trees was impossible due to the heavy rains in the rubber gardens.

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1 kg Rubber Price Kerala Today 2021

1 kg Rubber price Kerala Today 2021

1 Kg Rubber Price Kerala Today 2021

Rss-4 192.00
Rss-5 189.00
Loose 185.00
Lot 176.00-181.00
Scrap75 118.50
Latex 130.00
Field Latex 192.00
ISNR-20 169.50

The quantity of rubber reaching the market is very small. The market is expecting 1 kg Rubber Price Kerala Today 2021 to rise again as domestic production stopped as the rains continue.

It is currently trading at its highest level in nine years. Traders and farmers are optimistic that 1 kg Rubber Price Kerala Today 2021 will rise after the break. Within a week, domestic and international prices had risen by seven rupees. The main reason for the rise in prices is the sharp fall in domestic production due to continuous rains. It was usually the beginning of November and it was time for the rubber to reach the market.

But so far the farmers have not been able to start tapping. Farmers say that even if tapping starts, production will be low. Producers estimate that by the end of the financial year, there will be a shortfall of two lakh tonnes of rubber globally. With this, there is a possibility of another rise in rubber prices.

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1 kg Rubber price in Kottayam today 22-11-2021

1 Kg Rubber Price Kottayam Today

1 Kg Rubber Price Kottayam Today
22-11-2021

Rss-4 188.00
Rss-5 185.00
Loose 182.00
Lot 173.00-178.00
Scrap75 117.00
Latex 127.00
Field Latex 187.00
ISNR-20 168.00

1 Kg rubber price Kottayam today extended the gains. RSS4 improved to ₹188 and RSS5 to ₹185per kg according to traders.


1 Kg rubber price Kottayam today are at four-month highs, increased by 12 percent in the past month. The demand for rubber has also been strengthening, especially from Southeast Asia and China.


China is looking at a large number of rubber imports. In India, the production for the month of September is seen as 67,000 tonnes, which is lower than August. Markets believe that there would be lower production in October and November because Kerala has received nearly 117 percent more rainfall in October till now. These unseasonal rains are impacting tapping and supplies.

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RUBBER PRICE NILAMBUR KERALA TODAY 08-11-2021

Nilambur Rubber Price

RUBBER PRICE NILAMBUR TODAY

Nilambur Rubber Market Price
25-10-2021

Rubber Rss-4 179.00
Rubber Rss-5 177.00
Rubber Loose 174.00
Rubber Lot 163.00-168.00
Rubber Scrap75 113.00
Rubber Latex 123.00
Rubber Field Latex 183.00
Rubber ISNR-20 165.00

Prices of natural rubber in the Nilambur market extended last weeks gains today due to concerns over supply amid rising demand from bulk buyers and domestic stockists, industry experts said.

The delay in tapping due to heavy rains in Kerala, which is the biggest producer, is likely to create a supply crunch in the market, thereby supporting rubber prices.

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RUBBER PRICE PALAKKAD KERALA TODAY 25-10-2021

Rubber Price Palakkad Today

RUBBER PRICE PALAKKAD TODAY

Palakkad Market Price
25-10-2021

Rubber Rss-4 171.50
Rubber Rss-5 169.50
Rubber Loose 166.50
Rubber Lot 156.00-161.00
Rubber Scrap75 107.00
Rubber Latex 117.00
Rubber Field Latex 172.00-175.00
Rubber ISNR-20 160.00

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RUBBER PRICE KOLLAM KERALA TODAY 14-10-2021

Rubber Price Kollam Today

RUBBER PRICE KOLLAM KERALA TODAY 14-10-2021

Rss-4: 169.50

Rss-5: 167.50

Loose: 163.50

Lot:  1532.00-158.00

Scrap75: 106.00

Latex: 114.00

Field Latex: 168.00

ISNR-20:  158.00

natural rubber in the key markets of Kerala were down today due to a likely rise in output, as peak tapping season has commenced in Kerala, the largest rubber grower in the country, traders said.

According to the ANRPC, India’s rubber production will increase from 67,000 tonnes in September to 85,000 tonnes in November. Despite the increase in demand for rubber in the country, prices are unlikely to fluctuate due to increased production

The price of RSS-4, which was Rs 180.5 in Kollam at the beginning of September, has gone up to Rs 169.50 on October 14.

The crisis was caused by high production but not commensurate with the increase in demand. Shortage of semiconductor chips affected the automotive sector and reduced tire production. Despite the increase in production in the country, the volume of imported rubber in September was 500 tonnes higher than in August.

But in the second quarter of September, there was a slight recovery in the price of natural rubber globally. In the second quarter, rubber benefited from the easing of Kovid regulations and increased production in many countries. The fall in early September has pushed up prices in the last days. It is hoped that this will continue until next December.

It is expected that the easing of Kovid controls in countries including Japan will keep demand for rubber in the wake of the Chinese crisis. Rising crude oil prices may also push up demand for natural rubber. Demand for this specialty has grown significantly as a result of recent corporate scandals.
However, the ANRPC report says that the production of natural rubber in countries including Thailand will increase in the coming months. According to ANRPC, India’s rubber production is expected to touch 85,000 tonnes in November, up from 67,000 tonnes in September. It is estimated that as production increases in proportion to the demand for rubber, it will not result in a large increase in price. Not only that. About 55 to 60 per cent of India’s total natural rubber production takes place during September-January. Rising production in the coming months may also adversely affect the country’s rubber prices.

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