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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

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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.

Rubber Daily Price Kerala 05/02/2018
Rubber RSS4 Kottayam: 123.00
Rubber RSS5: 119.00
Rubber Loose: 114.00
Rubber Lot: 108.00 – 111.00
Rubber scrap: 79.00
Rubber Latex: 81.00
Field Latex: 115.00
Rubber ISNR 20: 108.50

ഇറക്കുമതി തകൃതിയായി;കുരുമുളകിന് കഷ്ടകാലം
വി. ജയകുമാർ(From Keralakoumudi)
കോട്ടയം: അവസാന പ്രതീക്ഷയായിരുന്ന കേന്ദ്ര ബഡ്ജറ്റിൽ ആശ്വാസ പ്രഖ്യാപനങ്ങളൊന്നും ഇല്ലാത്തതിനെ തുടർന്ന് കുരുമുളക് കർഷകരുടെ അവസ്ഥ കൂടുതൽ വഷളായി. ഇറക്കുമതി നിയന്ത്രണാതീതമായി തുടരുകയും വില കുത്തനെ ഇടിയുകയും ചെയ്തത് കുരുമുളക് കർഷകരെ നട്ടംതിരിക്കുകയാണ്. കിലോയ്ക്ക് 700 രൂപയ്ക്ക് മുകളിൽ ഉണ്ടായിരുന്ന വില ഇപ്പോൾ 400 രൂപയിലേക്ക് കൂപ്പുകുത്തി. കഴിഞ്ഞ ഒരു വർഷത്തിനിടെ മാത്രമുണ്ടായ വിലത്തകർച്ച 35 ശതമാനമാണ്.
വ്യവസായികൾ നിലവാരം തീരെക്കുറഞ്ഞ വിയറ്റ്നാം കുരുമുളക് 20,000 ടണ്ണിലേറെ ഇറക്കുമതി ചെയ്ത് സംഭരിച്ചിട്ടുണ്ടെന്നാണ് വിലയിരുത്തൽ. ഇവ കൂട്ടത്തോടെ വിപണിയിൽ എത്തിയാൽ മികച്ച നിലവാരമുള്ള ഇന്ത്യൻ കുരുമുളകിന്റെ വില വീണ്ടും തകർന്നടിയും. ഇറക്കുമതി നിയന്ത്രിക്കാതെ നിലവിലെ പ്രതിസന്ധി മാറില്ലെന്ന് കർഷകർ പറയുന്നു. ആഗോളതലത്തിൽ കുരുമുളക് ഉപഭോഗം ഏറ്റവും കൂടിയ രാജ്യങ്ങളിലൊന്നാണ് ഇന്ത്യ. ഇറക്കുമതി കൂടാനും ഇതാണ് കാരണം.
വിയറ്റ്നാമിൽ നിന്നുള്ള നിലവാരമില്ലാത്ത കുരുമുളകാണ് ശ്രീലങ്ക വഴി ഇന്ത്യയിലേക്ക് വൻതോതിൽ ഇറക്കുമതി ചെയ്യുന്നത്. ഇതിന്, കർശന നിയന്ത്രണം ഏർപ്പെടുത്തിയാൽ വില മെച്ചപ്പെടുമെന്നാണ് കർഷകരുടെ പക്ഷം. അതേസമയം, കഴിഞ്ഞവാരം ഡോളറിനെതിരെ രൂപയുടെ മൂല്യത്തിലുണ്ടായ ചാഞ്ചാട്ടം കേരള കുരുമുളകിന് നേരിയ ആശ്വാസം പകർന്നിട്ടുണ്ട്. അന്താരാഷ്ട്ര മാർക്കറ്റിൽ കേരള മുളകിന് ഇതോടെ വില കയറി. ക്വിന്റലിന് 1,100 രൂപ വർദ്ധിച്ച് വില 41,800 രൂപയായി. ഗാർബിൾഡ് വില 42,700 രൂപയിൽ നിന്ന് 43,800 രൂപയിലേക്കും ഉയർന്നു.

Rubber Daily Price Kerala 29/01/2018
Rubber RSS4 Kottayam: 123.00
Rubber RSS4 Kochi: 123.00
Rubber RSS5: 118.00
Rubber Loose: 112.00
Rubber Lot: 106.00-108.00
Rubber scrap: 78.00
Rubber Latex: 84.00
Field Latex: 117.00
Rubber ISNR 20: 109.00

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 growers go easy on tapping as price drops 22%
Natural Rubber (NR) price has fallen by 22.15% this week, on a year-on-year basis. This is despite the slowdown in the estate-to-market stock movements, in tandem with the tapering down of the latex production season.
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Rubber Market Reports:
Natural Rubber (NR) price has fallen by 22.15% this week, on a year-on-year basis. This is despite the slowdown in the estate-to-market stock movements, in tandem with the tapering down of the latex production season. Price of the premium RSS-4 grade rubber at Kottayam market has dropped to Rs 123 per kg this week. In the corresponding week in January 2017, RSS-4 had sold at Rs 158 per kg. “Apparently, the tyre firms have been dipping into rubber imports to build up their inventory, when the international price is staying lower,” according to Sibi Monipally, secretay, Indian Rubber Growers Association (IRGA). “In Kerala, which accounts for 90% of country’s NR, the plantation owners are fed up by the price level that does not even meet the production costs. Most of them have stopped tapping this season, to save at least the wage costs,” he told FE. Last week, the price was slightly better at Rs 129 per kg. This fell by 5% to Rs 123 per kg, on falling demand from tyre sector. February contracts have dropped a tad to Rs 125.40 per kg on NMCE (National Multi-Commodity Exchange), compared to Rs 125.42 per kilo earlier. The contracts for March, April and May have slid to Rs 127.20 per kg, Rs 129.99 per kg and Rs 131.09 per kg. “Anticipating higher prices in December, the plantations had been on tapping overdrive. But the industrial off-take was feeble,” says Josekutty Antony, president of Rubber Nursery Owners’ Association. Usually, tapping for the new yield would begin at the end of May after a three-month off-season period.
What tilted the growers plans was that the price difference between domestic NR and international NR stays as wide as Rs 30 per kg. This affords a window of opportunity though which the country’s industrial consumers have been importing to build up their rubber inventory. The international price for block rubber is currently as low as Rs 95 per kg.
“The Association of Natural Rubber Producing Countries had predicted huge buying appetite from China in proportion to its construction spree and that this would push up the international price of NR. However, this phenomenon is yet to play out,” says P Rajendran, a commodity price researcher. Despite crude prices surge, the international price has been low. Even the decision of the price cartel, Tripatriate Rubber Council consisting of Thailand, Indonesia and Malaysia, to stop exports till March, has not hauled up the international price.