864 



THE INDIA RUBBER WORLD 



August 1, 1921 



Re\ ie^^ of the Crude Rubber Market 



NEW YORK 



THE lirin market tendency shown early in July was due to 

 settlement time in London and local short-covering. Some 

 rubber was sold to factories who were attracted by the low 

 prevailing prices, but when the market advanced slightly they 

 withdrew, indicating a belief in lower prices. 



On July 2, spot first latex crepe sold for 14 cents ; with futures 

 ranging from 14J4 cents for September and 16 cents for De- 

 cember, to 17 cents for January, 1922. Spot ribbed smoked 

 sheets sold for 12 cents on July 2, and future quotations were 

 12H for September, 14 cents for December, and Hyi cents for 

 January, 1922. 



Following the Rubber Growers Association's announcement 

 -of a 50 per cent crop reduction, the market stiffened and large 

 operators refused to sell, resulting in many buying orders being 

 cabled to the Far East. .A.1I large holders of rubber 

 4)elieved that the low prevailing prices were ended, and refused 

 to accept factory business only at advanced prices. With 

 greatly reduced rubber arrivals and better banking facilities the 

 importers are apparently able to carry rubber and avoid further 

 ilosses. 



As the month progressed, the market developed strength, thus 

 renewing the interest of both seller and buyer. .\s the result 

 there was considerable activity in which factories and dealers 

 •contributed to give added strength to the market that continued 

 to hold firmly despite several large arrivals. 



On July 23, spot first latex crepe sold for 16 cents with futures 

 ranging from I6V2 cents for September and 17^4 for December, 

 to 18^4 cents for January, 1922. Spot ribbed smoked sheets sold 

 for 14'/: cents on July 23, and future quotations were IS cents 

 for September, 15i4 cents for December and 1634 cents for Jan- 

 uary, 1922. 



Brazilian Paras have moved upward in sympathy with the 

 market for plantations, .spot upriver fine advancing from 16 cents 

 on July 2, to 17 cents on July 23. 



Imports of all grades during June were 13,477 tons, compared 

 with 14,881 tons last year. Plantation arrivals for June were 12,- 

 361 tons, compared with 12,911 tons a year ago. Total imports 

 of all grades for the first six months of 1921 were 78.712 tons, 

 compared with 151.889 tons for the same period in 1920. 



Spot and future quotations on standard plantation and Brazilian 

 ^ades were as follows : 



Plantations. July 2. Spot, first latex crC-pe, 14 to Uy> cents; 

 July— September, 14J4 cents; October— December, 16 cents. July 

 23. Spot, first latex crepe, ISyi cents; August— September, 15J4 

 cents; October— December, 16^ cents; January— March, 17;4 

 ■cents. 



July 2. Spot, ribbed smoked sheets, 12 (a: MVz cents; July- 

 September, 12^ cents; October— December, 14 cents. July 23. 

 Spot, ribbed smoked sheets, WA cents; August— September, 14)4 

 cents; October— December, ISJ^ cents; January— March, WA 

 •cents. 



July 2. Spot, No. 1 amber crepe, 11^ cents; July— September, 

 12 cents ; July— December, 13 cents. July 23. Spot, No. 1 amber 

 trepe, 13^ cents; .August— September. 14 cents; October— De- 

 icember, 14^ cents; January— March, 15 cents. 



July 2. Spot, No. 1 rolled brown crepe, .08'/> @ ^09 cents; 

 July— September, .09J/' cents. 



July 23. Spot, No. 1 rolled brown crepe, llii cents; -August- 

 September, 1154 cents; October— December, 11!4 cents; January- 

 March, 11J4 cents. 



South American Paras and Caucho. July 2. Spot, upriver 



fine, 16 cents; islands fine, 16j^ cents; upriver coarse, .08 cents; 

 islands coarse, .085^2 cents; Cameta, .07J4 cents; caucho ball, .09 

 cents. July li. Spot, upriver fine, 17 cents; islands fine, 165^ 

 cents; upriver coarse, .08^ cents; islands coarse, .08 cents; 

 Cameta, .08J4 cents ; caucho ball, 10}^ cents. 



NEW YORK QUOTATIONS 



Following are the New York spot quotations, for one year 

 ago, one month ago, and July 23, the current date : 



PLANTATION HEVEA 



First latex crepe.... 



Oft latex crepe 



Amber crepe No. 1 



Aml>er crepe No. 2 



Amber crepe No. 3...... 



Brown crepe, thick and tiiin 



Brown crepe, specky 



Brown crepe, rolled 



.Smoked sheet, ribbed 



Smoked sheet, plain 



Unsmoked sheet 



Colombo scrap No. 1 



Colombo scrap No. 2 



EAST INDLAN 



Assam crepe 



Assam onicns 



Penang block scrap. 



PONTIANAK 



$0 



Banjermassin 

 Palembang . . . 

 Pressed block 

 Sarawak .... 



.12 @ 

 .13 @ 

 .23 @ 



SOUTH AMEHICAN 



PARAS 

 Upriver, 

 Upriver. 

 Upriver, 

 Upriver, 



fine 



medium . . 

 coarse ... 

 weak, fine . 



.34 M 

 .30' 

 .22 

 .30 



(31.35 



Islands, fine 32 



Islands, medium 

 Islands, coarse . . . . 



Cameta 



Acre Bolivian, fine. 



Madeira, fine 



Peruvian, fine . . . . 

 Tapajos, fine 



CAUCHO 



Upper cauclio ball. 

 Lower caucho ball . 



.30 

 .20 

 .18 

 .36 

 .37 

 .32 

 .30 



MANICOBAS 



Ceara negro heads 



Ceara scrap 



Manigoba, 30% guarantee 

 Mangabeira thin sheet.... 



CENTRALS 



Corinto scrap 19 



Central scrap 19 



Central scrap and strip... .17 



Central wet sheet 13 



Esmeralda sausage 19 



Guayiile, 20% guarantee. .28 

 Guayule, washed and dried .38 



AFHICANS 



Bengucla. No. 1, 28!4%.. 

 Benguela, No. 2, 32!^%.. 



Conakry niggers 



Congo prime, black upper, 

 ("on.go prime, red upper.. 



Kassai, black 



red 



Massai sheets and strings. 



Niger flake, prime 



Rio Nunez ball 



Rio Nunez sheets, strings. 



GUTTA PERCHA 



Gutta Siak 



@ 



.1.4 @ 



(3 

 ® 

 ® 



@ 

 @ 



24 ®.25 



Red Macassar 2.80 @ 



BALATA 



Block, Ciiidad. Bolivar 



Crilombia 



Panama 



Surinam sheet 



amber 



72 (a 



.SO (9.51 



73 (S' 

 S2 @ 



.06!^@ 



(3 



.11 @ 



.05^(g 



.15 

 .13 

 .07 

 .12 

 .17 

 .13 

 .09 

 .08 

 .16 

 .18 

 .15 

 .15 



.09 

 07 



0.16 

 (1.14 

 @.08 

 (@ 



@ 



(g).16!4 



@.19 



@.10 

 @ 



*.10 

 •.04 

 *.10 

 *.12 



.06 

 .06 

 .06 

 .03 

 .06 



@ 



(ffi.08 

 @.0S 

 @.08 

 (S.04 

 @.08 



.26 @ 



.04 (g) 



® 



.\IV2<S! .14 

 1.50 @ 2.00 



.51 

 ..<5 



.54 

 .38 



.25 (3) .35 

 .65 (8 .70 

 .67 @ .73 



.06'/5@.07 

 .07J^@ 

 .09 @.\0 



.17 &.\lYi 



.08!^@ 



.14 (S 



.16'/5(S 



.13/i(fli 



.08 @.08'/5 



.08;4(B 



.17 (g 



.185^@ 



.15/= (S. 



.15 @ 



.10 @ 

 .08-4 (2. 



.10 @ 

 .07J4@ 

 .09 <^ 

 .10 (a 



.10 (gi.ll 



.10 (fu.ll 



.08 (W.IO 



.02 (a. 04 



.10 ®.ll 



.25 @ 



.04 

 .06 



@.0S 



.11 @.13 



.14 

 2.50 



.53 

 .39 

 .39 

 .67 



.70 



^.15 

 @ 3.0O 



O.S4 

 @.40 

 i».40 



(nl.68 



