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rubber prices in kottayam 

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Unrest over Rubber prices crash gains momentum in Kerala

Around 12 lakh rubber growers in the state are in distress due to steep fall in prices. Chief Minister Oommen Chandy has assured that procurement operations may begin soon to provide support to rubber prices.Steep fall in natural rubber prices is now causing unrest in policy, trade and industry circles in Kerala, the leading producer of the commodity in India.Steep decline of rubber prices even set...
Source : Commodity Online |
Category : Commodities

Low rubber prices bring no cheer to forex-hit tyre companies

Natural rubber prices may have stabilized but tyre companies are not looking at price cuts despite the attraction of festival demand....
Source : Times Of India |
Category : Business

Thailand to use natural rubber in sports tracks

Thailand, the world`s largest rubber producer, plans to use natural rubber in construction of running tracks and field sports surfaces at over 700 stadiums to help rubber farmers hit by falling prices.Sport Authority of Thailand (SAT) has been assigned by the Sport and Tourism Ministry to prepare plans for maximising the utilisation of natural rubber to help rubber farmers suffering from low prices...
Source : Zeenews |
Category : Sports

Rubber prices gain on promise of extended market support by Kerala Govt

Kerala Government had announced the open market procurement of rubber from the growers in the state would remain till prices reach Rs 17100 for RSS 4 grade. Procurement will be through the Kerala State Co-operat..Rubber prices have started moving up following Kerala Government assurance that it will continue procurement operations till prices reach Rs 17100 per 100 kg. Spot rubber prices rose from...
Source : Commodity Online |
Category : Commodities

Fall in rubber price main poll issue in Kottayam

India.Victory for UDF is all the more important as Puthupalli, the Assembly segment of Chief Minister Oommen Chandy, falls in this constituency.constituency, home to a large number of rubber cultivators and one of the primary trading centres of natural rubber, is all set to witness a fierce fight between sitting MP andcandidate of KC-M, Jose K Mani, and LDF's JDS nominee Mathew T Thomas in the April...
Source : The Economic Times |
Category : National

Rubber prices may start rebounding again as Kerala begins procurement

daily charts, Rubber futures at National Multi Commodity Exchange (NMCE) is showing negative trends, according to Milan Shah, Agri Commodities analyst at Commodity Online Group): Rubber prices that recovered to Rs 15500 per 100 kg levels last month only to slip back to Rs 14950 levels again.With Kerala launching the rubber procurement at Rs 2 above market price fixed by the Rubber Board, market is...
Source : Commodity Online |
Category : Commodities

Kerala mulls rubber procurement

Kerala plans to procure rubber from the open market to meet the demand from its production units, Chief Ministerinformed the state assembly Tuesday.Responding to a calling attention motion, Chandy told the assembly that fall in rubber price is on account of the price of natural rubber dropping sharply in the international market."The centre had agreed to our request to levy a charge on rubber imports...
Source : Prokerala |
Category : Business | City : National

Kerala Rubber growers seek govt intervention for support above Rs 150 kg

Kerala rubber growers seek the immediate intervention of government to set a base price of Rs. 150 for domestic rubber and already submitted a MoU to Chief Minister in this regard.Despite the recent revision of import duty on imported rubber, rubber prices continued to plummet in India putting growers into a crisis espeically in Kerala which accounts for 90% of the production of the crop in the co...
Source : Commodity Online |
Category : Commodities

Bearish Rubber: Sell latex instead of sheets to stretch returns

The prevailing market situation is favourable for latex exports especially with the international latex price ruling above domestic prices. Considering the differential returns on latex and RSS grade rubber, it would ..Crying over rubber market crash? There is still hope for rubber growers to stretch returns in a bearish, oversold market. Sell latex instead of rubber sheets and earn Rs. 27 more and...
Source : Commodity Online |
Category : Commodities

Thai govt to scrap rubber export tax for four months: Deputy PM

Thai rubber farmer drying rubber sheets in Surat Thani province, Thailand, on Thursday, Sept 5, 2013. The Thai government will scrap a tax on rubber exports for four months to help support prices, Deputy Prime Minister Kittirat Na Ranong said on Thursday. -- PHOTO: AFPBANGKOK (Reuters) - The Thai government will scrap a tax on rubber exports for four months to help support prices, Deputy Prime Minister...
Source : Straits Times |
Category : International