India Rubber Directory : Connecting Rubber People India - Rubber Manufacturers, Exporters, Importers,Traders ,associations, Rubber jobs, rubber engineering information India

Search:

Quick Products: Cables, Rubber Bands, Foot Wears, More...

Welcome Guest

Forgot Password | Join Free

19 April,2024

Ask Rubber Experts | Rubber News | Rubber Prices | IRD Network Member | Rubber Events

IndiaRubberDirectory.com > Rubber News

Rubber Prices hit a new record of Rs 142/kg

Speculative holding back of stocks by sellers and firm overseas cues from key Asian markets like rubber and Bangkok helped spot rubber prices rise, with benchmark RSS-4 grade touching a new record high of Rs142 a kg.

The Previous high for Rss-4 grade was Rs.141.50 on August 1, according to daily market data from Rubber Board.

Although the board had placed the price of the commodity at Rs 141.50 for that day, most traders said they sold the commodity at Rs 142.

Increase in rubber prices was mainly supported by uptrend in Tokyo and Bangkok rubber futures. Dealer said.

Overall supply of the commodity is weak due to growers holding back stocks as well as production in August being disrupted by rains in growing areas of Kerala.

Although most growers place rain-guards on rubber trees, tapping is not undertaken during heavy rains.

According to N Radhakrishnan, president of Cochin Rubber Merchants Association, rubber prices may ease by the first week of September as fresh sticks arrive.

More News

Rubber Product Manufacturers

Get listed in IRD

Premium listing in IRD

Send Comments

Recommend Site

New Page 1

	Knowledge Base
Advantage of IRD
Business Report
Unique Rubber links
International Rubber Events
Rubber News
Research Based Rubber Links
Research Institutes
Polymer Institutes
Publications - Rubber
Patents
Ministries and Embassies

	Rubber Engineering
Synthetic Rubber
Natural Rubber
Rubber Chemicals
Rubber Machineries
Standard Rubber Formulations
Rubber Processing
Rubber Product Manufacturing
Elastomer Properties
Rubber Testing Methods
Rubber Institutes In India
Rubber Properties
Starting Point formulation

	Rubber People
Rubber Impex
Distributor / Supplier
Rubber Associations
Rubber Consultants
Raw Rubber Manufacturers
Polymer / Rubber Consultants
Rubber Machinery Mfrs
World Rubber Manufacturers

	Rubber Articles
Technical Papers
Press Releases
Rubber Articles
Rubber Statistics

Contact Us : www.indiarubberdirectory.com C/o Team Web Power, No.52, First Floor, Anna Nagar Plaza, C-47, IInd Avenue,
Anna Nagar, Chennai 600040. India.
Phone:- +91-44-42170137 Mobile:- +91-9444001705

Contact Us : www.indiarubberdirectory.com , No.52, First Floor, Anna Nagar Plaza, C-47, IInd Avenue, Anna Nagar, Chennai 600040.Tamilnadu, India.

Phone: +91-44-42170137 Mobile: +91-9444001705 Email: rubberdirectory@gmail.com