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
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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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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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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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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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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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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Natural rubber prices in the Kottayam, Kerala fall as the outlook remains weak due to a y rise in output, market traders said.Production season has started in Kottayam, Kerala, the country’s traditional rubber growing region.
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Sharp declines in domestic futures and the absence of quantity buyers kept the rubber price Khowai Tripura under pressure during the trading session today. Higher arrivals and panic selling keep a lid on prices as the near-term outlook remains weak due to sluggish demand from domestic stockists and bulk buyers.
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