Rubber
p. 90 · Read in the full issue
Papuan Rubber Prices
During World War 11. Papua’s 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-August were:— No. 1 RSS, loose. 43 5 /« cents, lb. (1/2.95 Aust.), No. 1 RSS, baled, 43V 2 cents, lb. (i/2.91 Aust.).
No. 2 RSS, baled, 41% cents, lb. (1/2.31 Aust.).
No. 3 RSS, baled, 38 cents, lb, (1/1.03 Aust.).
Plantation
London Para.
Smoked Price on per lb. per lb.
January 6. 1933 .. .. 4%d . . 2,43d July 7 5 3 / 4 d . . 3.71d January 5, 1934 .. .. 4V 4 d . . 4.28d July 6 5V 2 d , .. 7.06d January 4. 1935 5d . 6%d July 5 5d . . 77 8 d January 3, 1936 . . .. 6%d . . 6%d June 5 9d . . 7V 4 d January 8,' 1937 .. .. 1/2 . . 10V 2 d June 4 lid . . 9 , %d January ‘7. 1938 . . .. 7V 4 d . . 7d July 1 . 6%d . . 7V 4 d January 6. 1939 .. .. 7d . . 8Vad
July 7 7%d . . 8*/ 4 d January 5, 1940 . 13d . . 11.6 7 /ad July 5 15d . . 12 3 Ad January 3, 1941 13d . . 12.47 7 /ed April 4 15d . . 14Vad June 6 IGVad . . 13.5 s /ad August 1 17d . . 13V 2 d October 10—Price officially fixed at . . 13%d
Grade 1 Grade 2 Grade 3 September, 1943 1/6 y 2 1/4 1/2 September, 1944 1/6 y 2 i/s y 2 1/3 y 2 July. 1944 i/4y 2 1/3 y 2 i/i y 2