NR output and imports down

Natural rubber imports in November 2015 dropped nearly -13.72% to 32,308 tonnes from 37,445 tonnes in November 2014. Import of natural rubber was mainly from Indonesia, Thailand, Vietnam and Malaysia.

Natural rubber production for the month of November 2015 decreased by 16.67% to 50,000 tonnes compared to 60,000 tonnes during November 2014. While the consumption during the month decreased by 3.87% to 82,000 tonnes compared to 85,300 tonnes during the same period of 2014.

The benchmark RSS4 grade rubber closed at `.103 a kg at Kottayam, while RSS3 grade closed at `.86.33 a kg at Bangkok and Malaysian SMR20 closed at `.77.53 a kg. On National Multi Commodity Exchange December 2015 futures closed at `.100.27 a kg, January 2016 at `.101.80, February at `.102.18 and March closed at `.103.69 a kg. On Tokyo Commodity Exchange, December 2015 futures series closed at ¥157.8 a kg, January 2016 at ¥161.3, February at ¥162.4, March at ¥164.9, April at ¥166.5 and the contract for delivery in May 2016 closed at ¥168 a kg.

To read Rubber4U – 15th December 2015 issue: http://rubber4u.com/Public/Abcd.pdf

For 2015-16 Rubber Forecast: http://rubber4u.com/Public/RForecast.pdf

Visit Us at Rubber World Expo 2015 at B-34, BEC, Goregaon-Mumbai, India.