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Tampilkan postingan dengan label rubber demand. Tampilkan semua postingan
Tampilkan postingan dengan label rubber demand. Tampilkan semua postingan
23.30
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.
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.
08.03
Rubber Prices Plunge on TCE, Benchmark Thailand Rubber decline
Written By mine on Sabtu, 12 November 2011 | 08.03
Rubber prices plunged 16 percent this month on the Tokyo Commodity Exchange as Europe?s sovereign-debt crisis threatened demand and the worst floods in almost 70 years in Thailand cut automobile output, reducing consumption of tires.
Rubber demand remains strong and there is no significant change in production, Pornsak Jarernprasert, deputy farm minister, said in a statement today. The drop in prices was because of the European debt crisis and a temporary slowdown in car production after flooding disrupted supply chain, he added.
Rubber export prices shouldn?t be lower than 105 baht a kilogram for farmers to make a living, said Pornsak. The benchmark Thai rubber price declined for a ninth day today, falling 2 percent to 99.9 baht ($3.24) a kilogram. Exporters in Thailand, Indonesia and Malaysia that represent 70 percent of global supply agreed to set a minimum price for natural rubber of $3 per kilogram, Thai Rubber Association President Pongsak Kerdvongbundit said.
Thailand, Indonesia and Malaysia will meet next week to discuss measures to stem the slump in rubber prices, and they may delay latex tapping and limit shipments to keep export prices above $3.50 a kilogram, according to Thailand?s Ministry of Agriculture and Cooperatives. They will cut down more aging trees, boost replanting and increase stockpiles, it said.
Rubber demand remains strong and there is no significant change in production, Pornsak Jarernprasert, deputy farm minister, said in a statement today. The drop in prices was because of the European debt crisis and a temporary slowdown in car production after flooding disrupted supply chain, he added.
Rubber export prices shouldn?t be lower than 105 baht a kilogram for farmers to make a living, said Pornsak. The benchmark Thai rubber price declined for a ninth day today, falling 2 percent to 99.9 baht ($3.24) a kilogram. Exporters in Thailand, Indonesia and Malaysia that represent 70 percent of global supply agreed to set a minimum price for natural rubber of $3 per kilogram, Thai Rubber Association President Pongsak Kerdvongbundit said.
Thailand, Indonesia and Malaysia will meet next week to discuss measures to stem the slump in rubber prices, and they may delay latex tapping and limit shipments to keep export prices above $3.50 a kilogram, according to Thailand?s Ministry of Agriculture and Cooperatives. They will cut down more aging trees, boost replanting and increase stockpiles, it said.
