Rubber
p. 106 · 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 fixed prices paid at plantation, pe; lb. (Australian currency) were;—
Current Bates After the price control on rubber was lifted most Australian trading firms used th Singapore day-to-day quotations as a basis whei buying Papuan rubber. The Singapore Exchang gives buying prices for four grades and averag rates ruling in August were:—
London Para.
Smoked Price on— per lb. per lb.
January 6, 1939 . ... 7d 8‘/ad July 7 . ... 7%d .. 8‘/ 4 d January 5, 1940 ., 13d .. 11.6%d July 5 . ... 15d .. 12%d January 3, 1941 . 13d .. 12.47%d June 6 . 16‘/ 2 d .. 13.5%d October 10—Price officially fixed at 13%d
Grade 1 Grade 2 Grade: September, 1943 . 1/6% 1/4 1/2 September, 1944 i/6 y 2 1/5 % 1/3% July, 1944 . .. . 1/4% 1/3 % 1/1%
No. 1
Rss,
loose. 35 V» cents lb. (12.04d.
Aust.
No. 1
Rss,
baled, 35 Va cents lb. (12.04d.
Aust.
No. 2
Rss,
baled, 33% cents lb. (11.48d.
Aust, No. 3
Rss,
baled, 30% cents lb. (10.52d.
Aust,