Sudden dip in rubber prices shake Delhi market (Business Opportunities - Advertising Service)
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Item ID 3180405 in Category: Business Opportunities - Advertising Service
Sudden dip in rubber prices shake Delhi market | |
A sharp cut in rubber RSS3 prices was noted in the Delhi market today. On May 29, the price of RSS3 grade H.M.L stood at Rs.168, which dropped to Rs.165 on May 30 — a fall of Rs./kg in just one day. Market experts suggest that this decline is driven by weak demand and reduced buying interest from bulk purchasers. Global market volatility and seasonal patterns are also impacting domestic pricing. In India, major natural rubber producers such as Kerala-based Rubber Board-registered plantations and private estates in Tamil Nadu and Tripura have reported steady supply. However, procurement from these regions has slowed in the past few days due to muted demand. On the international front, countries like Thailand, Indonesia, and Malaysia — which are among the top natural rubber exporters — have also seen price corrections in recent sessions. Global benchmark prices for RSS3 grades have shown slight downward pressure, influenced by economic concerns in major rubber-consuming nations like China and the United States. As a result, traders in the Indian market are now more cautious, with many expecting prices to dip further if demand doesn’t pick up in the near term. Indian Producers: Rubber Board Plantations (Kerala): Government-supported and private plantations in Kerala form the backbone of India's natural rubber production. Private Estates (Tamil Nadu & Tripura): These states contribute significantly to domestic supply, especially in RSS grades. Harrisons Malayalam Ltd, Kanan Devan Hills Plantations, and AV Thomas & Co: Some of the prominent corporate producers in the Indian rubber industry. International Producers: Thailand: The world's largest producer and exporter of natural rubber, especially in RSS and TSR grades. Indonesia: Major global supplier with a large volume of rubber plantations and exports. Malaysia: Known for quality RSS3 and SMR (Standard Malaysian Rubber), an important exporter in the global market. Vietnam: A rising player in the international rubber trade, with increasing export volumes. Ivory Coast (Côte d'Ivoire): Leading producer from Africa, rapidly growing in global rubber markets, RSS Prices in India, Indian RSS Prices, Indian Prices RSS, Indianpetrochem. #RSSpricesinIndia #IndianRSSprices #IndianpricesRSS #Indianpetrochem | |
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| Target State: All States Target City : delhi Last Update : 30 May 2025 8:41 PM Number of Views: 24 | Item Owner : rubberfiber Contact Email: Contact Phone: (None) |
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2025-06-16 (0.382 sec)