Assam, Goalpara:30/12/2021: A Rabha tribal farmer taps rubber in his rubber farm in Goalpara district of Assam on Thursday, 30 December 2021.Out of the overall 4000 hectares of rubber plantation in Assam, around 2900 hectares are in Goalpara district, that’s the highest rubber producing district in Assam and over 7000 familes are dependent directly or in a roundabout way on rubber plantations in Goalpara district. Photo: RITU RAJ KONWAR / The Hindu
Assam, Goalpara:30/12/2021: A Rabha tribal farmer faucets rubber in his rubber farm in Goalpara district of Assam on Thursday, 30 December 2021.Out of the whole 4000 hectares of rubber plantation in Assam, around 2900 hectares are in Goalpara district, that’s the highest rubber producing district in Assam and over 7000 familes are structured immediately or circuitously on rubber plantations in Goalpara district. Photo: RITU RAJ KONWAR / The Hindu maximum lively March contracts have been up zero.22 in step with cent
Spot rubber became in a combined temper with an upward bias on Wednesday. RSS4 closed unchanged at ₹162.00 consistent with kg in step with traders and the Rubber Board. The trend become blended as RSS5 and ISNR20 edged higher on clean enquiries while Latex persevered to remain subdued on consumer resistance. There have been no authentic sellers inside the local trading homes at some point of the latter 1/2 of the consultation and the marketplace appeared to be stricken by an acute shortage of the uncooked fabric. As per reviews, the arrivals persisted to file a constant decline implying the give up of the peak tapping season and a consecutive drop in production. The standard volumes have been low. In futures, the maximum lively March contracts have been up zero.22 percentage from Tuesday’s settlement price to close at Rs.164.50 in step with kg with a volume of 14 lots at the Multi Commodity Exchange (MCX). RSS3 (spot) firmed as much as ₹168.27 (167.97) in step with kg at Bangkok. SMR20 advanced to ₹138.34 (136.26) and Latex to ₹one hundred thirty.24 (129.Fifty seven) according to kg at Kualalumpur. The natural rubber settlement for the May 2022 shipping became down zero.64 percentage from preceding day’s settlement charge to shut at 14.02 Yuan (₹165.48) in line with kg with a volume of 133,168 lots in daylight trading on Shanghai Futures Exchange (ShFE). Spot rubber costs (Rs/kg) were: RSS4: ₹162.00 (₹162.00), RSS5: ₹161.00 (₹160.00), ISNR20: ₹157.00 (₹156.50) and Latex (60% drc): ₹122.50 (₹123.00)