• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Kochi, Oct. 19

There has been unhealthy involvement of speculators and traders in rubber trade in the recent past, the Cochin Rubber Merchants Association has said. As a result, uncontrolled price movements have set in and a wrong signal has been sent to the farmers and the rubber trade has been seriously affected. According to figures from the Rubber Board, the stocks had gone up to 94,000 tonnes at the end of September, which is 40,000 tonnes more than last year’s figure, the Ass ociation pointed out. Another 3,25,000 tonnes are expected to be produced in the coming three months. Under these circumstances, the total stocks are likely to cross two lakh tonnes by the end of January, the Association has warned. It has asked the cultivators to sell rubber when the prices are high. If the price rise continues above a certain level, the consumers might find it more profitable to import .

— Our Bureau

More Stories on : Rubber

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
North-East monsoon may get going in 3 days

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line