Rubber
p. 98 · 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 fixed prices paid at plantation, per lb. (Australian currency) were:—
Current Rates Since the price control on rubber was lifted, most Australian trading firms are using the Singapore day-to-day quotations as a basis when buying Papuan rubber. The Singapore Exchange gives buying prices for four grades and average rates ruling last month were:— No. 1 RSS, loose, 42 cents lb. (l/2.4d. Aust.) No. 1 RSS, baled, 42 cents lb. (1/2.4d. Aust.) No. 2 RSS, baled, 4014 cents lb. (1/1.8d. Aust.) No. 3 RSS, baled, 38y 2 cents lb. (1/1.2d Aust.)
Plantation
London Para.
Smoked Price onper lb. per lb.
January 3. 1936 . 6%d June 5 9d . . 7V 4 d January 8. 1937 1/2 . . lOVad June 4 lid . . 9 s /sd January 7. 1938 7Vid . . 7d July 1 . 6 3 / 4 d . . 7V 4 d January 6, 1939 7d . . 8Ved July 7 . 7%d . . sy 4 d January 5, 1940 13d . . 11.6 7 /sd July 5 . 15d . . 12%d January 3. 1941 13d . . 12.47 7 /sd June 6 levfed . . 13.5%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 .
I/6V2 1/5 V 2 1/3 y 2 July, 1944 I/41/2 1/31/2 1/1V2