June 1, 1921 



THE INDIA RUBBER WORLD 



701 



Review of the Crude Rubber Market 



NEW YORK 



THE New York rubber market for the last mouth may properly 

 be described as weak and erratic. The dealers generally 

 are overstocked and demand is very light, such as there is 

 being consumers' business proceeding daily in small volume. 



Early in the month the price of smoked sheet declined to 1SJ4 

 and 1SJ4 cents under selling pressure. Within a few days after 

 forced selling ceased, the price, under the influence of higher 

 London cables, worked up to 17 cents, although at this time 

 dealers were selling factory consiuners at 16J4 cents. The mar- 

 ket aflfords a good selection of off grades such as clean brown, 

 ambers, etc. 



Paras worked up gradually to a firmer position and about the 

 middle of the month were offered at 18 and ISyi with buyers at 

 17J4 cents. The Brazilian report that little rubber is coming down 

 the rivers, and no collecting being done, tended to firm the New 

 York market. There have been but few Brazilian offers in 

 quantity. The far eastern markets are reported weak and rubber 

 from those sources is quoted at declining prices. 



The New York rubber market has reacted sympathetically with 

 the recent reductions in automobile and tire prices, and a perma- 

 nent upward tendency is not looked for until the large stocks of 

 crude on hand pass into consumption at normal rate or faster. 

 Today prices are ruling lower again. Spot smoked sheet is being 

 offered to factories at 15 cents : July — September at 16^ ; October 

 — December at 18; January — March at 20. One offer has been 

 noted for October at 16H cents. 



Disturbed conditions in the trade reported from .A.kron and the 

 Far East late in May had a depressng effect on the market and 

 resulted in new low price records. 



Imports during ."Kpril were 17,269 tons of all grades, compared 



NEW YORK QUOTATIONS 



Following are the New York spot quotations, for one year ago, 

 one month ago, and May 24, the current date : 



PLANTATION HEVEA J>me 1, May 1, May 24, 



1920 1921 1921 



First latex crepe $0.38 @.39 $0.19 @.19H $0.18 @ 



Off latex crepe (§>. .18 @.18H @ 



Amber crepe No. 1 38 @.38"^ .15^@ .14^® 



Amber crepe No. 2 37 @.37!/5 .14"^@ .13K@ 



Amber crepe No. 3 36 @.36i^ .13^5® A2'/i@ 



Amber crepe No. 4 35 @ .12^^@ .12 @ 



Brown crepe, thick and thin .35 @.36 .15!^@ .13H@ 



Brown crepe, specky 30 @ .13^2® .12!4@ 



Brown crepe, rolled 30 @.31 .12 @.12!^ .11^@ 



Smoked sheet, ribbed 38 @.38H .17 ©.l/^^ .16 @ 



Smoked sheet, plain 36'A@.i7'/z ASyi® .14 @ 



Unsmoked sheet 35 @ ASyi® .14 @ 



Colombo scrap No. 1 30 @ M'A® @ 



Colombo scrap No. 2 28 @ .09J4@ @ 



EAST INDIAN 



Assam crepe @ @ @ 



Assam onions @ @ @ 



Penang block scrap @ @ @ 



PONTIANAK 



Banjermassin 12 @ .07 @ .06Ji@ 



Palembang 13 @ .09 @ .07J4@ 



Pressed block 25 @ .12 @ .11 ^@ 



Sarawak @ .06 @ .05M@ 



SOUTH AMERICAN 

 PARAS 



Upriver, fine 39J^@ .17!.i@.18 .18 @ 



Upriver. mediuir. 37 @ .13!-<@ .14 @.145^ 



Upriver, coarse 30 @ .09'A@ .OSyi (a> MH 



Upriver, weak, fine 36 @ @ .13 @ 



Islands, fine 40J^(».41 .18 @ .18!^@.19 



Islands, medium 38 @ A3'/i@ .14 @.15 



Islands, coarse •.22 @ .12'/i@ .09 @.09}4 



Cameta *.22 @ A2'A@ .08!^@ 



Acre Bolivian, fine 41 @ .18 @ .17 @.18^ 



Madeira, fine 43 @ .19^ @ .19 @.20 



Peruvian, fine 37 @ A6'A@ A6A@A7 



Tapajos, fine 38 @ ASA@ .16J^@.17 



CAUCHO 



Upper caucho ball 30'A@.31 A2'A@ AOi^@M'A 



Lower caucho ball 28 @ .11 @ .09^2®. 10 



UANICOBAS 



Ceara negro heads 32 @ .10 @ .12 @ 



Ceara scrap 26 & .06 @ .06 @ 



Mani(;oba,30% guarantee .30 @ .11 <a .11 @ 



Mangabeira thin sheet. . .30 (18.31 .12 @ .13 @ 



with 23,675 tons last year. Plantation arrivals for April were 

 16,861 tons, compared with 21,036 tons a year ago. Total imports 

 of all grades for the first four months of 1921 were 54,503 tons, 

 compared with 109,670 tons for the same period in 1920. 



Spot and future quotations on standard plantation and Brazilian 

 grades were as follows : 



Plantations, May 5. Spot first late.x crepe, 18^ cents; 

 May — June, 19 cents ; July — September, 20 cents ; July — December, 

 21 cents. May 24. Spot first late.x crepe, 18 cents; July — Septem- 

 ber, 19 cents ; October — December, 20"/ cents ; January — March, 

 21J/2 cents. 



May 5. Spot ribbed smoked sheets, I614 cents; May — June, 

 16J4 cents; July — September, 18 cents; July — December, 19 

 cents. May 24. Spot ribbed smoked sheets, 16 cents ; July- — 

 September, 17 cents; October — December, I85/ to 19 cents; Janu- 

 ary — March, 20 cents. 



May 5. Spot, No. 1 amber crepe, ISyi cents ; May — June, 16 

 cents ; July — September, 17 cents ; July — December, 18 cents. 

 May 24. Spot, No. 1 amber crepe, 14j4 cents ; July — September, 

 IS cents; October — December, I6J/2 cents; January — March, 171/2 

 cents. 



May 2. Spot, No. 1 rolled brown crepe, 12 cents ; May — June, 12 

 cents ; July — September. 12 cents. May 24. Spot No. 1 rolled 

 brown crepe, llj^ cents; July — September, 12 cents; October^ 

 December, 13J^ cents ; January — March, IS cents. 



South American Paras and Caucho. May S. Spot upriver 

 fine, 18 cents; islands fine, 18J4 cents; upriver coarse, 9 cents; 

 islands coarse, 9j/2 cents; Cameta, Syi cents; caucho ball, 11 cents. 

 May 24. Spot upriver fine, 18 cents ; islands fine, 18j^ to 19 

 cents ; upriver coarse, 8J/2 to 9 cents ; islands coarse, 9 to 9'/2 

 cents ; Cameta, 8J/2 cents ; caucho ball, 9^2 to 10;/2 cents. 



June 1, May 1, May 24, 



CENTRALS 1920 1921 1921 



Corinto scrap 25 @.26 .09 @.10 .11 @Alyi 



Central scrap 25 @.26 .09 @.10 .10 @.ll 



Central scrap and strip.. .23 @.24 .07 @.08 .06 @.07 



Central wet sheet 18 @.19 .04 @.05 .04 @ 



Esmeralda sausage 25 @.26 .09 (g'.lO .11 @.12 



Guayule, 20% guarantee.. .27 @ @ @ 



Guayule, washed and dried .37 @ .26 @ .26 @ 



AFRICANS 



Benguela, extraNo.l. 28% .18 @ @ @ 



Benguela. No. 2, 32^4%... .15 @ @ @ 



Conakry niggers 33 @ @ @ 



Congo prime, black upper. .36 @ @ @ 



Congo, prime, red upper. . .20 @ @ @ 



Kassai, black 36 @ @ @ 



red 22 @ @ @ 



Massai sheets and strings. .33 @ @ @ 



Niger flake, prime 17 @ .14 @ ■ @ 



Rio Nunez ball 35 @ @ @ 



Rio Nunez sheets, strings. .34 @ @ @ 



GUTTA PERCHA 



Gutta Siak 29 @ .15 @.16 .1354®. 15 



Red Macassar 2.60 @ 2.00 @2.75 2.30 @2.65 



BAXATA 



Block, Ciudad. B;.livar. . . .70 ® .54 @.55 .53 ® 



Colombia 50 @.52 .45 @.46 .43 @ 



Panama 48 @ .45 @.46 .43 @ 



Surinam sheet 84 @ .70 @.71 .74 @ 



amber 86 @ .80 @ .81 @ 



*Ncminal. 



RECLAIMED RUBBER 



The production of reclaimed rubber is at present adjusted to the 

 trade consumption which runs from 25 to 30 per cent of normal. 

 Since all outlets for reclaim are restricted to this extent the quo- 

 tations on all grades have fallen since the report for last month. 

 In addition to the influences that depress trade in general the 

 drastic reductions in tire prices early in May have disturbed the 

 outlook for reclaimed rubber in common with other divisions of 

 the trade. 



