April 1, 1921 



THE INDIA RUBBER WORLD 



541 



Review of the Crude Rubber Market 



NEW YORK 



THE-: (n-:NKKAi.i.Y QUIET conditions that have ruled in tlie mar- 

 ket (luring tile past month are said to be largely due to the 

 belief of lactory buyers that ample supplies arc available at 

 any time at reasonable prices. This theory, however, would not 

 hold good in the event of an unexpected buying movement that 

 may occur at any time. 



Dr.ring the second week of the month, plantation July-Decojiiber 

 positions wbicli had been lirm at 23 to 24 cents were sold freely 

 and the market weakened, spot being ofTered at 16 to 17 cents by 

 dealers for direct factory business. Then other futures became 

 easier, .'Kpril-Junc selling at IS'A, and July-September at 20 cents. 



Considerable selling developed about the middle of the month 

 between dealers and factories, in fact the best trading known for 

 some time but later, weakness developed and the market ten- 

 dency was lower, spot i)lantations selling as low as 16 cents. 

 Stimulated by reports of renewed activity in automobile manu- 

 facturing, the market firmed up, spot and April-May being quoted 

 Dyi to 18 cents, .\pril-Junc, 18 to I8J/2 rents, and July-September 

 19 to 20 cents. In all positions these prices could have been shaded 

 on all good factory business. 



The actual demand noticeable the latter part of the month was 

 from small factories and western concerns who had licpiidatcd 

 their high priced stocks, and from those who arc manufacturing 

 tires on orders. These indications point to a gradual increase in 

 demand for the crude material from now on, with prices around 

 present levels due to existing stocks. Futures should be more 

 active considering the gradual iniproxenicnt in market and ex- 

 change conditions. 



Imports during February were 8,839 tons of all grades, com- 

 pared with 32,994 tons a year ago. February plantation arrivals 

 were 7,913 tons, compared with 29,681 tons last year. Total im- 

 ports for the first two months of 1921 were 23,016 tons compared 

 with 54,346 tons for the same period in 1920. 



Spot and future quotations on standard plantation and Brazil- 

 ian sorts were as follows. 



Plantations. March 5, spot first latex crepe, 19;X cents; .April- 

 June, 20 cents; July-September, 22^ cents; July- December, 24>4 

 cents. 



March 26, spot first latex crepe, 18/j to 19 cents; April-June, 

 19;^ to 20 cents ; July-September, 21 cents ; July-December, 22 to 

 23 cents. 



March 5, spot ribbed smoked sheets, 17K' cents; .April-June, 

 18J4 cents; July-September, 21 cents; July-December, 23 cents. 



March 26, spot ribbed smoked sheets, 17 cents; April-Jimc, Uyi 

 to 18 cents; July-September, 19 to 20 cents; July-December, 20^ 

 to 21 cents. 



March 5, No. 1, amber crepe, 16 cents. 



March 26, No. 1, amber crepe, ISH cents. 



March S, No. 1, rolled brown crepe, 11 to 12 cents. 



March 26, No. 1, rolled brown crepe, 12 cents. 



South American Paras and Caucho. March 5, uprivcr fine, 

 17^< cents; islands fine, U]4 cents; upriver coarse, 11^ cents; 

 islands coarse, 11 cents; Cameta, II cents; caucho ball, 12^ to 

 14K> cents. 



March 26, upriver fine, 17h^ to 17yj cents; islands fine, 17 to 18 

 cents; upriver coarse, II to IIV2 cents; islands coarse, 12 

 cents; Cameta, lOj^ to II cents; caucho ball, 12 to 14 cents. 



NEW YORK QUOTATIONS 



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



one month ago, and March 26, thf; current date: 



April 1, March 1, March 26. 



PLANTATION HEVEA 1920 1921 1921 



Kirst latex crepe $0.46'/2(a.47 $0.20 («).20!/5 $0.18'/i (a.l9 



Off 1.11CX cri-i c la @ .17 @.18 



Amber crepe No. 1 46 (» .i6'Ae)i.16'/i .IS'/O.lfi 



Amber crepe No. 2 iS'AlfH .IS'ArdiAS'A .l4'/,(iii.iS 



Amber crepe No. 3 44'/S(a AAA&i.UVi .13!/5(S.14 



Amber crepe No. 4 42!-5@ .U'A0'.\'^ .\2V,&M 



Brown crepe, thick and tbin .43 (S) .13 @ .\3]A .13'/5(a.l4 



Rrown crepe, spccky .41 SI} .11 (3.12 .11 @.12 



Brown crepe, rolled 40 @ .12j4@.13 .12 @ 



Smoked sheet, ribbed 46 m .18J<;<a>.19 .17 @ 



Smcked sheet, plain 45 (a MVt^ .15 (Si. 16 



Unsmokcd sheet w .\6'/:<!ii .15 (ff' 



Colombo scrap No. 1 33 (ffl .12 (a .11 @ 



Colombo scrap No. 2 31 (fu .10 @ .09 & 



EAST INDIAN 



Assam crepe Sf' (^ @ 



Assam onions (S) @ @ 



PcTianK block scrap (a* @ @ 



PONTIANAK 



Banjermassin 13 Oh .07 &.0i .07 (Si 



PalcmbanR (fP &■ .09 (a 



Pressed block 25 & .llH&-i2l4 .llHdD 



Sarawak ft> .06!4@ .06 @ 



BOUTH AMERICAN 

 P A II AS- 



Upriver, fine 42 @.425^ .U'AmM .17 @.17j^ 



Upriver, medium .VJ'Adf.M) .15 Ca .14 (" 



Upriver, coarse 31 ® .\2'/,(fi MVt .11 diM'/i 



Upriver, weak, fine 35 ff/- .P (S'.U .11 (Si.l2 



Islands, fine 41 ® A7'A0.1S .17 @ 



Islands, medium 39^0.40 .15 (S) .13 @ 



Islands, coarse 21 @.21^i .11 @ .12 @ 



Canula 22 .11"/S^.12 .10!4@ 



Acre Bolivian, fine ® .18 <ai.l8!4 .18 (ffl 



Madeira, fine (a .I8J4(a.20 A9'A(a.20 



Peruvian, fine 4nxJira .16 (ffi.17 .16 la 



Tapajos, Tine (tii .16^2(8.17 .16 @.16!4 



CAnnio 



Upper caucho ball .32 (» .14V5(S>.15 .14 dh 



Lower caucho ball 30 (?) .12}4@.13 .10^5® 



MANICOHAS 



Ceara nei?ro heads 36 (Si *.13 & .10 @ 



CearS scrap .30 @ ".10 (a .05 (a 



Manicoba, 30% Kuarantcc .32 (ffi •.\2'A^ .0914(3.10 



Mangabeira thin sheet.. .30 @ '.IS @ .12 @ 



CENTRAiS 



Corinto scrap 



Central scrap 



Central scrap and strip. . . . 



Central wet sheet 



Esmeralda sausage 



Guayule, 20% Ruarantee... 

 Guayule, washed and dried 



AFRICANS 



Benguela, extra No. 1,28% 

 BenRuela, No. 2, i2<A% . .. 



Conakry nipgers 



Congo prime, black upper. 

 Congo, prime, red upper.. 



Kassai, black 



red 



Massai sheets and strings. . 



Niger flake, prime 



Rio N'lnez ball 



Rio Nunc/ sheets, slrinRS. 



GUTTA PERCHA 



Gutta Siak 



Red Macassar 



BALATA 



Block, Ciudad Bolivar 



Colombia 



Panama 



Surinam sheet 



amber 



•Nominal. 



A|)ril 1, 

 1920 



.28 

 .26 

 .25 

 ,20 

 .27 

 .27 

 .38 



(H).29 



(a.27 



&>.2b 



(» 



©1.28 



(i3 



@ 



.26'.^® 



.23 ® 



.35 (S) 



@ 



& 



.38 (H) 



&> 



(w 



.if Am 



('» 



.36 (g) 



.29 (f/-..30 

 1.60 @ 



.58 

 .49 



.40 

 .78 

 .P2 



(Hj.60 

 (Si. 50 

 frfi.46 

 ("1 

 (fl 



March 1, 

 1921 



.12 

 .12 

 .10 

 .06 

 .12 



'.26 



.17 



.00 

 .45 

 .45 

 .69 

 .84 



@.11 



("1.07 



.07 @ 



••15 @ 



••12 @ 



*.1S @ 



. 1 7 m 

 2.10 (^3.00 



Cai.61 

 (B.46 

 @.46 

 (a. 70 



March 26. 



1921 

 .11 @.12 

 .11 (3.12 

 .08 @.10 

 .05 @.07 

 .11 @.12 



@ 

 •.26 (3 



@ 



■ IS'A^ 

 2.25 & 



..56 

 .47 

 .46 

 .68 

 .80 



(a. 48 

 ®.47 

 (».69 

 @.82 



RECLAIMED RUBBER 



During the past month a sle.idily imreasing demand for re- 

 claimed rubber destined for the insulated wire trade, and automo- 

 bile topping particularly, has been noted. As yet this demand has- 

 not been sufficient to warrant general resumption of production on 

 the part of reclaimers. Apparently the tide has turned and con- 

 tinued increase in business is looked for as the spring advances. 

 Quotations are nominal and unchanged. 



