The news magazine of the South Pacific · since 1930

Pacific Islands Monthly, 22 June 1938Vol. VIII, No. 11

Islands Produce

p. 76 · Read in the full issue

[Copyright by “Pacific Islands Monthly”.]

Coffee

THE following quotations were obtained in Sydney during June;— Robusta, f.a.q., imported from Java on firm conversion of exchange, c.i.f., prompt shipment, Sydney:—Quote No. 1: 25/- per cwt.; quote No. 2: 20/6 per cwt.

Kenya, f.a.q., immediate shipment, c.i.f., Syd ney, per cwt.:—No. 1 quotations: Grade “A”, 50/-; grade “B”, 47/-; grade “C”, 44/-. Triage 37/-. No. 2 quotations: Grade “A”, 59/-; grade “B”, 46/-; grade “C” (no quote). Triage 39/- (drought coffee). No. 3 quotations: Grade “B” 47/-; grade “C”, 39/-.

Mysore, f.a.q., prompt shipment, c.i.f., Sydney, per cwt.; No. 1 Quotations: Grade “A”, 56/-; grade “B”, 54/-. No. 2 quotations: Grade “B”. 54/-; Triage, market closed, no supplies avail able. Last quote 44/-.

Arabian (Aden) Hodeidah, f.a.q., immediate shipment, ci.f., Sydney—No. I quotation: 63/per cwt. No. 2 quotation, 78/- per cwt.

Note: Importers of coffee from Java, etc., pay the following additional charges: Exchange, duty (4d. lb.), primage (10 per cent.), landing costs <l/- per cwt.). Coffee from Papua and New Guinea escapes most of these charges.

Kapok

Based on firm conversion of exchange, the c.i.f. official prices for kapok quoted in Sydney in mid-June, were:—Average Java per lb., and prime Japara, 7 7-16 d. per lb.

Cocoa

Quote No. 1: Cocoa beans, £25-£3O per ton.

Quote No. 2: New Guinea cocoa £25 per ton.

Quote No. 3: Accra, good fermented £25 per ton, ci.f., Sydney.

Cotton

During the month, London, c.i.f., cotton prices were:—May 20, 4.57 d. lb., June shipment; May 27, 4.29 d. lb., June shipment; June 3,4.34 d. lb..

July shipment; June 10, Market closed; June 17, 4.50 d lb., July shipment.

Ivory Nuts

Quotations nominal.

No. 1 quotation: £B/10/- per ton. f.o.b.

No. 2 quotation; £lO per ton, f.0.b., Sydney.

Green Snail Shell

Green snail shell, good quality, was quoted by Sydney buyers in mid-June, at £5O-£55 per ton.

Rice

Rangoon rice: packed In 100 lb. bags, £l3 per ton; 200 lb. bags, £l2/15/- per ton, f.0.b., Sydney.

Australian table rice, packed in 56 lb. bags, £lB per ton.

Trochus Shell

Owing to Japan’s restrictions on oversea credits, there have been no sales for some time.

Quotations are nominal.

The following quotations, by two firms, re present last sales, several weeks ago:— (a) Trochus, shell, No. 1 grade .. .. £B5 Trochus shell. No. 2 grade .. .. £75 Trochus shell. No. 3 grade .. .. £65 lb) Trochus shell. No. 1 grade .. .. £9o^ Trochus shell. No. 2 grade .. .. £79V 2 Trochus shell. No. 3 grade .. .. £7OV2 All quotes are f.0.b., and on the Australian £.