Rubber

Papuan Rubber Prices

During World War 11, Paupan rubber pro duction was controlled by the Australian Govern ment. The following were the fixed prices pay able at the plantation, per lb., in Australian currency:—

Current Rates Since the price control on rubber was lifted, most Australian trading firms are using the Singapore day-to-day quotations when buying Papuan rubber. The Singapore Exchange gives buying prices for four grades and average rates ruling in mid-July were:—

Plantation

London Price on— Para, per lb.

Smoked per lb.

January 6, 1933 .

July 7 January 5, 1934 .

July 6 - 4%d . 5 3 / 4 d . 4V 4 d . 5V 2 d 5d . 2.43d . 3.71d . 4.28d . . 7.06d . 6%d July 5 January 3, 1936 .

June 5 January 8, 1937 .

June 4 . .. ..

January 7, 1938 .

July l January 6, 1939 , • • • •• 5d . 6 3 / 4 d . 9d . 1/2 . lid . 7»/ 4 d , 6%d , 7d . 7 7 /sd . 6%d ,. 7V 4 d . iov 2 d .. 9 5 /ed ,. 7d ,. 7V 4 d . . SVsd

July 7 7%d . . SV*d January 5, 1940 13d . . 11.6%d July 5 15d . . 12 3 Ad January 3, 1941 13d . . 12.47 7 /ad April 4 15d . . 14 1 /ed June 6 16Vzd . . 13.5%d August 1 17d . . 13V a d October 10 —Price officially fixed at . . 13%d

Grade 1 Grade 2 Grade 3 September, 1943 .

I/6V2 1/4 1/2 September, 1944 . 1/6 Vz 1/5 V 2 1/3 y 2 July, 1944 1/4 y 2 1/3 y 2 1/1%

No. 1

Rss,

loose, 47 Vb cents, lb. (1/4.04 Aust.).

No. 1

Rss.

baled, 47 V4 cents, lb. (1/4.08 Aust.) No. 2

Rss,

baled, 46 cents. lb. (1/3.6 Aust.) No. 3

Rss,

baled, 42 cents, lb. (1/2.3 Aust.)