Rubber

Plantation

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 Bates 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, prices for which have been declining slowly over the past year.. Average rates ruling in May were:— No. 1 RSS, loose. 35Vs cents lb. (l/0.04d. Aust.) No. 1 RSS, baled, 35(4 cents lb. (l/o.oBd Aust.) No. 2 RSS, baled, 33Vs> cents lb. (11.52 d. Aust.) No. 3 RSS, baled, 31(4 cents lb. (10.8 d. Aust.)

London Para.

Smoked Price on— per lb. per lb.

January 6, 1939 . ... 7d .. SVad July 7 . ... 7%d .. 8V 4 d January 5, 1940 .. 13d .. 11.6 7 / 8 d July 5 . ... 15d .. 12%d January 3, 1941 . 13d .. 12.47 7 / 8 d June 6 . 16»/ 2 d .. 13.5 5 /sd October 10 —Price officially fixed at 13%d

Grade 1 Grade 2 Grade 3 September, 1943 . 1/6 Vi 1/4 1/2 September, 1944 . 1/6 y 2 1/5 y 2 1/3 Vi July, 1944 . .. . l/4Vi 1/3 y 2 1/1 y 2