Improved Prospects For
p. 46 · Read in the full issue
Rubber Industry
AN optimistic view of the future of the rubber-producing industry is taken by Messrs. Charles Hope & Son in their annual review, 1935.
Production in 1935, the report states, depends entirely on what percentage of the basic quota is permitted. There is ample scope for a fall in stocks and a rise in price. Consumption in 1935 is expected to be at least 960,000 tons, though this figure is likely to be exceeded.
“The general position,” continues the review, “is satisfactory. We do not be lieve that those who framed the restriction regulations intended the restricted crop to continue selling below 7d. per lb.
To expect the position to be rectified in the first seven months of restriction was unreasonable. Nevertheless, the brake has been applied, and the retrograde movement retarded. The time is near when the improvement which has already taken place will become more apparent.”