942 



THE INDIA RUBBER WORLD 



September 1, 19il 



Review of the Crude Rubber Market 



NEW YORK 



GENERALLY speaking, the plantation rubber market has been 

 fairly steady durini; the past month, and, although a firm 

 undertone has prevailed throughout the period in review, 

 prices have shown minor declines since the first of August. 



There was considerable factory buying early in the month, 

 giving strength to the market situation that was further sup- 

 ported by the firmness with which dealers held to their prices. 

 As there was very little distressed rubber in sight at this time, 

 factory otTers of 13 to 13^ cents for spot ribs and 15 to 

 IS'A cents for first late.x were ignored. Large buying orders 

 placed in the Far East and attributed to local dealers indicated 

 an actual demand that stiffened the eastern market on all grades. 



Following a fairly active demand featured by factory buying 

 and dealers' business, the market sagged under selling pressure, 

 and spot ribs sold around 13^4 to 14 cents with late.x at IS to 

 15!4. For some time crepe has been at a premium over ribs, 

 but quite recently values have tended toward similar price 

 levels. This is due to more crepe and less ribs being made in 

 the primary markets, as the quantity of moldy ribs that have 

 been arriving for some time has had a depressing effect on this 

 market. 



Toward the close of the month, market conditions became 

 dull and there was very little trading, although factory interest 

 in the way of inquiries was evident. Buyers and sellers could 

 agree only when the former were forced into the market for 

 needed supplies, and at the sellers' prices of 14'^ cents for latex 

 and \3]/j cents for ribs. 



Brazilian Paras gained several points early in the month, due 

 to the rise in Brazilian exchange, and upriver fine rose to 1954 

 cents, but lacking interest it later fell to 17^4 cents. 



Imports of all grades during July were 11,692 tons, compared 

 with 15,884 tons last year. Plantation arrivals for July were 

 11,140 tons, compared with 14,695 tons a year ago. Total im- 

 ports of all grades for the seven months ended July 31, 1921, 

 were 90,404 tons, compared with 167.773 tons for the corre- 

 sponding period in 1920. 



Spot and future quotations on standard plantation and Brazilian 

 grades were as follows : 



Plantations. August 1. Spot, first latex crepe, 15 to lSj/1 

 cents; August— September, 15^ cents: October— December, 15i/4 

 cents. August 23. Spot, first latex crepe, 14^2 cents; October- 

 December, 15^ cents; January— March, 16;/4 cents; January- 

 June, ]7'A cents. 



August 1. Spot, ribbed smoked sheets, 13)4 cents; August- 

 September, 14 cents; October— December, 14'/^ cents. .August 23. 

 Spot, ribbed smoked sheets, 13^4 cents ; October— December, WA 

 cents; January— March, IS'A cents; January— June, WA cents. 



August 1. Spot, No. 1 amber crepe, 13 cents; August- 

 September, 13;4 cents; October— December, 13'/2 cents. August 

 23. Spot, No. 1 amber cripe, 13 cents; October— December, U^ 

 cents; January— March, 14^ cents; January— June, 16^ cents. 



August 1. Spot, No. 1 rolled brown crepe, 11 cents; August- 

 September, 11 cents. August 23. Spot, No. 1 rolled brown cr6pe, 

 10}4 cents; October— December, 11 cents; January— March, 12 

 cents. 



South American Paras and Caucho. August 1. Spot, up- 

 river fine, 17 cents; islands fine, 17 cents; upriver coarse, 8)4 

 cents; islands coarse, 7 cents; Cameta, 8!4 cents; caucho ball, 

 g'/i cents. August 23. Spot, upriver fine, 17^2 cents; islands 

 fine, 17'/2 cents; upriver coarse, 9A cents; islands coarse, 7 

 cents; Cameta, 8 cents; caucho ball, 10 cents. 



NEW YORK QUOTATIONS 



Following are the New York spot quotations, for one yesr aiiO, 

 one month ago, and .August 25, the current date : 



PLANTATION HEVEA 



September 1, .Xtigust 2, August 25, 



1920 1921 1921 



First, latex cref.e $0.31 @ $0.15^® $0.14'-i@ 



Off latex crepe '(?> .15 (g> M'/i® 



.\mber crepe No. 1 29 @ .13Ji@ .U'/,@ 



Amber crepe No. 2 28 ® .12i4@ .11!^@ 



Amber crepe No. } 27 (it ■IIH'S .10^1® 



Brown crepe, thick and thin .26 @ .12^@.13 .11 @ 



Brown crepe, siwcky 25 fe .U.'^fS .10j4@ 



Brown crepe, rolled 24!.i@ M'/i® AOH® 



Smoked sheet, ribbed 30 @.30!.^ .14!^@ .13f<@ 



Smolced sheet, plain 29 @ .12 ® .11}4@ 



Unsmoked sheet 26 ® @ @ 



Colombo scrap No. 1 22 @ @ @ 



Colombo scrap No. 2 21!/^@ @ @ 



EAST INDIAN 



Assam crepe @ @ @ 



.\ssam onions @ @ @ 



Penang block scrap @ @ @ 



roNTIA.NAK 



Banjermassin 09'A@.Uyi .06;-^®. 07 .07yi® 



Palembang 10;4@ .07Ji@ .07yi@ 



Pressed block 19 @ .09 (iS.lO .10 ©.11 



Sarawak 08K@ .06'A@ .06J4@ 



SOUTH AMERICAN 



PARAS 



Upriver, fine 30 (iii .17 @.17^i; .17-.^@ 



Upriver, medium 29 ('t.30 .15^5'? .14J4@ 



Uprivir, coarse 21V2@.22 .08)4® .09'4@ 



Upriver, weak, fine .27 ® .14 @ .13J4@ 



Islands, fine 28 (oi .16'A @ .17 @ 



Islands, medium *.26 (<i .28 .1354 (S> .14 © 



Islands, coarst 19 @ .08 diM'A .07 @ 



Cameta 17 @ .08;4@ .08 @ 



Acre Bolivian, fine 33J^(ai.34 .17 @ .V/t® 



Madeira, fine 35 (n .18>4ra .22 @ 



Beni Bolivian (« ® .17J4@ 



Peruvian, fine 31 (a; .I5!^@ .17;4@ 



Tapajos, fine 30 #.31 .15 @ .17 @ 



CAUCHO 



Upper cauch.i ball 2l'A(fii.22 .10 @ .10 @ 



I., MCI caucho ball 18'-<@ MA® .07;i@ 



MANICOBAS 



Ceara negro heads 23 @ .10 @ ".10 @ 



Ceara scrap 20 (a .07^5® *.08 @ 



Maniccba, 30% .guaranty.. .25 & .09 ® '.ID ® 



Mangabeira thiii sheet 28 C* .10 ® *.12 @ 



CENTRALS 



Corinto scrap 18 ® .10 @.ll .08 @.ll 



Central scrap 18 (fv .10 ®.ll .08 O.ll 



Central scrar, nnd strip... .15 @ .08 (».10 .07 @.09 



Central wet sheet 13 ® .02 ®.04 .05 ® 



Esmeralda -aus.iKc 18 frf .10 O.U .08 @.ll 



Guayule, 20% Ruarantv . . . ,27 ® @ @ 



Guayule, washed and dried .37 @ .25 @ .25 @ 



AFRICANS 



Benguelr., No. 1. 28'/;%.. @ .04 @.05 ® 



Benguela, No. 2. 32'4%.. ® .06 @ .05 @ 



Conakry nipgers ® @ @ 



Congo prime. hU'ick upi^er. @ @ @ 



Congo i)rime. red upper... @ @ @ 



Kassai, black & ' @ @ 



red ® @ @ 



Massai sheets and strings.. @ @ @ 



Niger flake, prime ® .11 @.13 @ 



Rio Nunez ball ® ® @ 



Rio Nunez sheets, strings.. @ @ @ 



GUTTA PEKCHA 



Cutta Si.tk 20'A@.22yi .14 @.15 .15 ® 



Red Mscassar 2.00 @2.95 2,50 ® 3.00 2.50 @ 



BALATA 



Block, Ciudad, Bolivar 67 ®.68 .53 @.S4 .53 ® 



Colombia 47 @ .39 @.40 .39 @ 



Panama 40 & .39 ®.40 .25 @ 



Surinam sheet 75 ® ,67 ®.68 .64 ®.65 



amber 82 (5, ,70 ® ,68 @.69 



•Nominal. 



