Rubber
p. 102 · Read in the full issue
Plantation
Papuan Rubber Prices
During World War n, Papua’s rubber pro duction was controlled by the Australian Govern ment. The fixed prices paid at plantation, pei lb. (Australian currency) were:—
Current Rates Since the price control on rubber was lifted most Australian trading firms are using th( Singapore day-to-day quotations as a basis whei buying Papuan rubber. The Singapore Exchangi gives buying prices for four grades, prices fo which have fallen steadily over the past year Average rates ruling in July were:— No. 1 RSS, loose. 32% cents lb. (11.21 d. Aust.
No. 1 RSS. baled. 32% cents lb. (11.21 d. Aust.
No. 2 RSS, baled. 31 cents lb. (10.63 d. Aust.
No. 3 RSS, baled, 28% cents lb. (9.2 d. Aust.
London Para.
Smoked Price on— per lb. per lb.
January 6, 1939 . ... 7d 8Vad July 7 . ... 7%d .. sy 4 d January 5, 1940 .. 13d .. 11.6 7 /ad July 5 . ... 15d .. 12%d January 3, 1941 . 13d . . 12.47y 8 d June 6 . 16Vfed .. 13.5%d October 10 —Price officially fixed at 13%d
Grade 1 Grade 2 Grade September, 1943 . l/6y 2 1/4 1/2 September, 1944 . 1/01/2 I/51/2 1/3% July. 1944 1/41/2 I/31/2 I/I1/2