The drop of the scrap rubber prices was caused by the erasers from the erasers who have recently moved to the production of rubber as a cost -effective alternative.
While the prices of rubber with a smoked leaf (RSS) have witnessed a declining trend since last week, prices for field coagulas such as trees and pieces that traded as scrap rubber) fell dramatically.
According to farmers, the price of scrap rubber, which under 30 July stood at 132 GBP per kg, now plunged at 118 GBP. Farmers are concerned with a steep fall suspects to manipulate the market and traders, which increases concerns about suppressing artificial prices.
Over the past few years, many farmers have been far from the traditional production of sheets and the sale of latex has favored due to its relatively simpler process. Recently, however
Further combining the crisis as well as the gum prices have seen a decline even in the case of lack of offer on the domestic market. “Continuous precipitation has disrupted knocking activities and created a lack of offer. Under normal circumstances, prices should increase. Instead, we are witnessing a decline in prices,” said Babu Joseph, Secretary General of the National Consortium of Gum producers.
This trend attributed uncontrolled imports of the compound and a block of rubber, especially the tire companies that claimed to be undermined by the domestic manufacturer.
Published – 2 August 2025 17:24
