Sheet Rubber News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Sri Lanka’s merchandise exports decreased by 11.88 % to US$ 951.5 Million in September 2023 compared to September 2022 as per the provisional data released by the Sri Lanka Customs. Also, it is a 14.94% decrease when compared to the value recorded in August 2023. The decline in merchandise exports is due to decreased demand...

Rubber based export sector becomes a one-billion-dollar Industry in 2021 Sri Lanka’s Export Performance in November 2021 Sri Lanka’s merchandise exports increased by 55.11% to US$ 1,215.6 Million in November 2021 compared to November 2020 as per the data released by the Sri Lanka Customs. Exports maintained above one billion dollars for the fifth consecutive...

Supply concerns lift spot rubber May 17, 2021 Sheet rubber and latex made considerable gains Spot rubber bounced back on Monday. RSS-4 improved to ₹172 (169) per kg, according to traders and the Rubber Board. The market regained strength mainly on supply concerns coupled with bargain hunting at lower levels. However, the growing number of active Covid-19 cases in the State continued to raise concerns over demand. In futures, the front month May delivery was down 0.13 per cent from Friday’s settlement price to close at ₹175.60 per kg with a volume of 46 lots on the Multi Commodity Excha...

Fresh enquiries lift spot rubber May 03, 2021 Shortage of raw material boosts prices Spot rubber continued to regain strength on Monday. The market made all-round gains on fresh enquiries coupled with short covering during the latter half of the trading session. The absence of global guidance as major overseas markets were on long holidays and an alarming increase in Covid-19 cases failed to make any impact on the commodity. “The market is suffering from an acute shortage of the raw material and we expect it to cross ₹170 once again with in a couple of sessions”, a trader told Business...

Mixed trend in rubber April 20, 2021 RSS 5 and Latex slip despite low arrivals Spot rubber closed unchanged on Tuesday. A moderate recovery in domestic and overseas futures kept sentiments visibly neutral though the deep concern over an increase in number of coronavirus cases continued to cast its shadow over the market. The trend was partially mixed as RSS 5 and Latex lost further despite low arrivals. RSS 4 finished flat at ₹164 per kg, according to traders and the Rubber Board. The grade was quoted steady at ₹159 by dealers. In futures, the front month April delivery improved 1.05...