298 



THE INDIA RUBBER WORLD 



January 1, 1921 



Review of the Crude Rubber Market 



NEW YORK 



OTHER thaii frequent buying of small spot lots and occasional 

 factory orders, the crude rubber market was dull and fea- 

 tureless during the past month. The market continues to be 

 very unsettled with lower prices, not only here but in London and 

 Singapore where futures are declining along with the New York 

 spot and nearby market. 



Low records were made for standard plantation rubber — 16J4 

 cents for spot first latex crepe and 16 cents for spot ribbed 

 smoked sheets, while January-March deliveries for these grades 

 were down to 17H and 17 cents, respectively. 



There are still heavy stocks of spot rubber, and mouldy plan- 

 tation rubber continues to come into the market, where it sells for 

 two, and sometimes three cents under the prices for spot standard 

 quality. These lots are picked up by dealers who sort them, and 

 by manufacturers who realize that good quality mouldy rubber 

 is a bargain at these prices. 



The market for Para sorts has been practically lifeless, a low 

 mark of 18 cents for upriver fine being recorded. 



Crude rubber arrivals continue to fall. Imports for Novem- 

 ber, 1920, were 6,448 tons, compared with 15,674 tons last year. 

 Total imports for the first eleven months of 1920 were 210,060 

 tons, compared with 201,557 tons for the same period in 1919. 

 Curtailment of production has already begun at producing cen- 

 ters and if continued according to the plan of the Rubber Grow- 

 ers Association, United States imports of plantations in 1921 

 may be reduced to 160,000 tons. 



Spot and future quotations in standard plantations and Brazilian 

 sorts were as follows : 



Pl.\kt.\tions. December 1, first latex crepe, 19 to 19>2 cents ; 

 January-March, 22^ cents; April-June, 25 cents; July-Decem- 

 ber, 29 cents. 



December 27, first latex crepe, 16J4 cents; January-March, 17j/^ 

 cents; April-June, 19 cents; July-December, 23J/2 cents. 



December 1, ribbed smoked sheets, 18 to 1814 cents; January- 

 March, 2\y2 cents; April-June, 23^ cents; July-December, 28 



cents. 



December 27, ribbed smoked sheets, 16 cents; January-March, 

 171/2 cents; April-June, IS'/z cents; July-December, 23 cents. 



December 1, No. 1 amber crepe, 16J^ cents. 



December 27, No. 1, amber crepe, 14 cents. 



December 1, No. 1, rolled brown crepe, 14 cents. 



December 27, No. 1, rolled brown crepe, 11 cents. 



South American Paras and Caucho. December 1, upriver 

 fine, 20^ cents; islands fine, 19 cents; upriver coarse, IS cents; 

 islands coarse, 14 cents; Cameta coarse, 14 cents; caucho ball, 

 15 cents. 



December 27, upriver fine, 18^ cents; islands fine, 18 cents; 

 upriver coarse, 14 cents; islands coarse, 11^ cents; Cameta 

 coarse, 12 cents; caucho ball, 10 to lA'A cents. 



December 1, 

 1920 



$0.16 @ 



NEW YORK QUOTATIONS 



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

 one month ago, and December 27, the current date : 



PLANTATION HEVTA— 



Tanuary 1, 

 1920 



First latex crepe $0.55 @ 



Amber crepe No. 1 .53 (a 



Amber crepe No. 2 52 @ 



Amber crepe No. 3 51 @ 



Amber crepe No. 4 49 (» 



Brown crepe, thick and thin .49 @ 



Brown crepe, specky 45 (S 



Brown crepe, rolled .43I/$@ 



Smoked sheet, ribbed, 



standard quality 55 ^ 



.15 

 .13 

 .12 



@ 



December 27, 

 1920 



$0.15 @ 



.14 @ 

 .12 @ 

 .11 & 



@ 

 .08 @ 



.17!^@ 



.16 



January 1, 



1920 



Smoked sheet, plain, stand- 

 ard quality $0.50 @ 



Unsraoked sheet, standard 



quality 48 @ 



Colombo scrap No. 1 38 @ 



Colombo scrap No. 2 .36 @ 



EAST INDIAN— 



Assam crepe .49 @.50 



Assam onions @ 



PenanR block scrap .38 ^@ 



PONTIANAK— 



Banjermassin .13 @ 



Palembang .14 @ 



Pressed block 24 @ 



Sarawak 12 @ 



SOUTH AMERICAN- 

 PARAS - 



Upriver, fine .50 @ 



Upriver, medium @ 



Upriver, coarse .3? & 



Upriver, weak, fine .40 @ 



Islands, fine .47 @ 



Islands, medium 47 @.48 



Islands, coarse .22 @ 



Cameta, coarse .24 @.25 



Madeira, fine .51 @ 



Acre Bolivian, fine .51 @.52 



Peruvian, fine .51 @ 



Tapajos, fine 50 @ 



CAUCHO— 



Upper caucho ball .34J^@ 



Lower caucho ball .29J^@ 



MANICOBAS— 



Ceara negro heads @ 



Ceara scrap @ 



Manicoba, 307o guarantee @ 



Mangabeira thin sheet. . . @ 



CENTRALS— 



Corinto scrap 34^2 @ 



Esmeralda sausage 34J4@ 



Central scrap 34 @ 



Central scrap and strip. ... .32 @ 



Central wet sheet 23 @ 



Guayule, 20% guarantee. . . .28 @ 



Guayule, washed and dried .38 @ 



AFRICANS- 



Niger flake, prime 18 @ 



Benguela, extra No. 1, 28% @ 



Benguela, No. 2, 32'^%... @ 



Conakry niggers @ 



Congo prime, black upper. .37 @ 



Congo, prime, red upper. . ^ @ 



Kassai, black 37 @ 



red @ 



Massai sheets and strings. . .40 @ 



Rio Nunez ball 40 @ 



Rio Nunez sheets and 



strings 40 (a 



GUTTA PERCHA— 



Gutta Siak 27H@ 



Red Macassar 2.60 @ 



BALATA— 



Block, Ciudad Bolivar 59 (ffl 



Colombia .53 @ 



Panama .45 (at 



Surinam sheet 86 @ 



amber 90 @ 



•Nominal. 



RECLAIMED RUBBER 



The point has been passed where the low price of crude rubber 

 influences the demand for reclaimed. The warehouses of the 

 reclaimers are heavily stocked with goods made on contracts and 

 against which no requisitions are forthcoming for shipment to 

 rubber manufacturers. 



In many branches of the industry rubber factories are shut 

 down completely, operating on half time or continuously at 

 fractional capacity. This is true of those which are large users 

 of reclaim as well as of lire makers, hence outlets for reclaims 

 are virtually closed and the business is marking time. Neverthe- 

 less, the trade is hopeful of a marked revival of business early in 

 the new year. 



The following quotations are nominal and are the same as 

 reported for November, 1920. 



.17 @.18 .16 @.17 



2.25 @2.90 2.30 @3.00 



(a .35 



