Rubber
p. 90 · Read in the full issue
Plantation
Papuan Rubber Prices
During World War II. 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-September, were;— No. 1 RSS, loose, 44 cents lb. (1/3.08d. Aust.).
No. 1 RSS, baled, 44 cents lb. (1/3.08d, Aust.), No. 2 RSS, baled, 42V 4 cents lb. (l/2.48d. Aust.).
No. 3 RSS, baled, 40 V 2 cents lb. (1/1.88d. Aust.i.
London Para.
Smoked Price onper lb. per lb.
January 3, 1936 6%d .. 6%d June 5 9d .. 7‘/id January 8, 1937 1/2 .. lOVad June 4 lid .. 9%d January 7. 1938 .. 7d July 1 . .. 7‘Ad January 6, 1939 7d .. 8Vad July 7 . 7 3 Ad .. 8V<d January 5, 1940 13d .. 11.6 7 / 8 d July 5 . 15d .. 12 3 Ad January 3. 1941 13d .. 12.47 7 /ed April 4 15d .. 14y a d June 6 16y 2 d .. 13.5 5 / B d August 1 .. 17d .. 13y 2 d October 10—Price officially fixed at .. 13 3 Ad
Grade 1 Grade 2 Grade 3 September, 1943 . 1/6 Va 1/4 1/2 September, 1944 .. 1/6 Va 1/5 Va 1/3 July, 1944 1/4 Va 1/3 Va 1/1 Va