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Indonesia Rubber Prices Rises as Market Demand Rises

Written By mine on Senin, 27 Februari 2012 | 23.30

Indonesia rubber prices approaching U.S. $ 4 per kilogram. Blessing is not separated from the increasing market demand. Executive Secretary of the Indonesian Rubber Companies Association (Gapkindo) of North Sumatra, Edy Irwansyah, in Medan, Sunday (26/2), say for shipment in April 2012 the price of Indonesian rubber SIR type 20 closed U.S. $ 3.828 per kg.
He argues, for shipment in August, export prices in the Singapore bourse was closed on February 24 and the position of U.S. 3.879 per kg.
"It is difficult to predict whether prices can penetrate four U.S. dollars per kg again as ever. But with prices approaching U.S. $ 4 U.S. per kg as of today, the export commodities that excited anymore, "said Edy.
The increase in rubber export prices was also directly affect the prices at local markets. If the price of rubber in the manufacturer has Rp29.400 - Rp31.400 per kg.

Rubber traders in North Sumatra, M. Harahap, said that while prices rose, but it's hard to get the sap from the farmer. "The production of increasingly stringent farmers due to weather," he said.
Rubber supply of the little farmer and stock are depleted in the hands of collectors made ??in the manufacturer's selling price bokar grow stronger.
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