India Rubber: Prices up in Kerala on fresh buying amid tight supply

Informist, Wednesday, May 4, 2022


By Puja Das


NEW DELHI – Prices of natural rubber rose for the third successive day in the key markets of Kerala due to buying from domestic stockists amid tight supply, traders said.


* "Non-tyre buyers are slowly returning to the market and limited stock with traders is lending support to the prices," said Sebastian Thomas, Hindustan Rubber Trading Co in Kozhikode. 


* Supply remains tight in Kerala, India's biggest producer of the commodity, as rubber tapping had been affected due to a rise in temperature earlier, and now as there is heavy rainfall, said Thaha Mohamed, the owner of Sara Traders based in Kottayam, Kerala, adding that these may elevate prices further.


* The automobile industry is facing various challenges, including high commodity costs, shortage of semiconductors, a rise in COVID-19 cases, and disruptions caused by the Ukraine-Russia war, industry experts said.


* In the global market, natural rubber prices on Japan's Osaka Exchange were unavailable today, as the market is shut on account of Greenery Day. The market will remain shut on Thursday too on occasion of Children's Day, and the bourse will resume trade on Friday.


Following are the highlights of today's trade:

–The widely-traded RSS-4 variety of rubber was sold at 171-172 rupees per kg, up 1 rupee from the previous day. In the coming week, prices are seen at 170-176 rupees per kg, market participants said. End


Edited by Maheswaran Parameswaran


Cogencis news is now Informist. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.


Informist Media Tel +91 (11) 4220-1000

Send comments to


© Informist Media Pvt. Ltd. 2022. All rights reserved.


Other News

Informist Poll:Fading base effect may drag Jul-Sep GDP growth to 6.3%

Informist, Monday, Nov 28, 2022 By Aditya Saroha and Priyansh Verma NEW DELHI – Growth in the Indian economy likely slowed to 6.3% in Jul-Sep from 13.5% a quarter ago, largely due to fading away of the statistical effect of a low base, according to an Informist poll of 23 economists. At 6.3%, the GDP growth rate will be in […]

Windfall gain tax mop-up about 150 bln rupee so far, says govt source

Informist, Monday, Nov 28, 2022 By Priyasmita Dutta and Sagar Sen NEW DELHI – The government has mopped up about 150 bln rupees so far from the additional tax imposed on windfall gains of domestic crude oil producers and petroleum product exporters following the sharp rise in oil prices globally. "The collection from the windfall gains tax will be nearly 140-150 bln […]

Equity Futures: Bullish bets in upstream oil cos as crude prices fall

Informist, Monday, Nov 28, 2022 By Vaibhavi MUMBAI – Traders aggressively bought futures and options of upstream oil companies today, anticipating more gains in these counters, as a drop in Brent crude oil prices eased pressure on their profitability. Brent crude futures slumped to an over 10-month low of around $81 per barrel as surging COVID-19 cases in China and the consequent […]