Today’s Rubber price at Rubber Society- Ujire
Date:18.12.2024
1X-193.00
3 -187.50
4 -187.00
5 -182.00
Lot-176.00
S-I -129.00
S-II -120.00
Also read: Kottayam and International Rubber Market
Date:17.12.2024
1X-193.00
3 -187.50
4 -187.00
5 -182.00
Lot-176.00
S-I -129.00
S-II -120.00
Date:16.12.2024
1X-193.00
3 -187.50
4 -187.00
5 -182.00
Lot-176.00
S-I -129.00
S-II -120.00
Weekly Rubber Market Report
Rubber Society, Ujire
Date: 09.12.2024 to 14.12.2024
Overview and Analysis
The rubber market in Ujire witnessed a consistent decline in rates throughout the week, particularly in the premium categories. Categories such as 1X, 3, and 4 experienced a steady fall in prices, reflecting market adjustments to changing demand and supply dynamics. Lot-grade rubber and scrap categories (S-I and S-II) remained relatively stable, with marginal changes indicating a lower impact of fluctuations on the lower grades.
The revised rates released on 9th December saw an immediate reduction in prices across all categories, marking the beginning of a downward trend that continued for the rest of the week. By the end of the week, Lot-grade rubber experienced the steepest fall of ₹5.00, followed by 1X with a decline of ₹4.00.
The market sentiments remain cautious, with traders speculating a potential stabilization in the coming weeks due to holiday season demands and limited tapping activity in December. However, if global market trends influence further reduction, farmers may face additional pressure.
Weekly Price Comparison Table (09.12.2024 to 14.12.2024)
| Date | 1X (₹) | 3 (₹) | 4 (₹) | 5 (₹) | Lot (₹) | S-I (₹) | S-II (₹) |
|---|---|---|---|---|---|---|---|
| 09.12.2024 | 197.00 | 192.50 | 192.00 | 186.00 | 181.00 | 130.00 | 120.00 |
| 09.12.2024 (Revised) | 195.00 | 190.50 | 190.00 | 185.00 | 180.00 | 130.00 | 120.00 |
| 10.12.2024 | 194.00 | 189.50 | 189.00 | 184.00 | 179.00 | 130.00 | 120.00 |
| 11.12.2024 | 193.00 | 187.50 | 187.00 | 182.00 | 177.00 | 129.00 | 120.00 |
| 12.12.2024 | 193.00 | 187.50 | 187.00 | 182.00 | 177.00 | 129.00 | 120.00 |
| 13.12.2024 | 193.00 | 187.50 | 187.00 | 182.00 | 176.00 | 129.00 | 120.00 |
| 14.12.2024 | 193.00 | 187.50 | 187.00 | 182.00 | 176.00 | 129.00 | 120.00 |
Key Observations
- 1X Rubber: The premium category saw a significant drop of ₹4.00, declining from ₹197.00 on 9th December to ₹193.00 by 14th December.
- 3 and 4 Grades: Prices fell by ₹5.00, ending the week at ₹187.50 and ₹187.00 respectively.
- 5 Grade Rubber: A moderate decline of ₹4.00 was observed, closing at ₹182.00.
- Lot Rubber: This category saw the steepest decline of ₹5.00, from ₹181.00 to ₹176.00.
- Scrap Grades (S-I and S-II): Marginal movements were noted, with S-I dropping ₹1.00 to ₹129.00, while S-II remained steady at ₹120.00.
Date:14.12.2024
1X-193.00
3 -187.50
4 -187.00
5 -182.00
Lot-176.00
S-I -129.00
S-II -120.00
Date:13.12.2024
1X-193.00
3 -187.50
4 -187.00
5 -182.00
Lot-176.00
S-I -129.00
S-II -120.00
Date:12.12.2024
1X-193.00
3 -187.50
4 -187.00
5 -182.00
Lot-177.00
S-I -129.00
S-II -120.00
Date:11.12.2024
1X-193.00
3 -187.50
4 -187.00
5 -182.00
Lot-177.00
S-I -129.00
S-II -120.00
Date:10.12.2024
1X-194.00
3 -189.50
4 -189.00
5 -184.00
Lot-179.00
S-I -130.00
S-II -120.00
Date:09.12.2024: Revised Rate
1X-195.00
3 -190.50
4 -190.00
5 -185.00
Lot-180.00
S-I -130.00
S-II -120.00
Date:09.12.2024
1X-197.00
3 -192.50
4 -192.00
5 -186.00
Lot-181.00
S-I -130.00
S-II -120.00
Date:07.12.2024
1X-197.00
3 -192.50
4 -192.00
5 -186.00
Lot-181.00
S-I -129.00
S-II -119.00
Date:06.12.2024
1X-197.00
3 -192.50
4 -192.00
5 -186.00
Lot-181.00
S-I -129.00
S-II -119.00
Date:05.12.2024: Revised Rubber Rate
1X-197.00
3 -192.50
4 -192.00
5 -186.00
Lot-181.00
S-I -129.00
S-II -119.00
Date:05.12.2024
1X-198.00
3 -194.50
4 -194.00
5 -187.00
Lot-182.00
S-I -129.00
S-II -119.00
Date:04.12.2024
1X-198.00
3 -194.50
4 -194.00
5 -187.00
Lot-182.00
S-I -129.00
S-II -119.00
Date:03.12.2024
1X-198.00
3 -194.50
4 -194.00
5 -187.00
Lot-182.00
S-I -129.00
S-II -119.00
Date:02.12.2024
1X-196.00
3 -192.50
4 -192.00
5 -185.00
Lot-180.00
S-I -128.00
S-II -118.00
Weekly Market Trend and Analysis: Rubber Society, Ujire (25-30 November 2024)
The rubber market at the Ujire Rubber Society witnessed a steady upward trend during the week. Prices of all categories of rubber, including premium grades (1X, 3, and 4) and lower grades (5, Lot, S-I, and S-II), showed consistent increases, reflecting a robust demand in the market.
Key Observations:
- Premium Grades (1X, 3, 4):
- The price of 1X rubber increased from ₹188.00 on November 25 to ₹195.00 on November 30, showing a weekly rise of ₹7.00.
- Similar trends were observed for grades 3 and 4, with a steady increase throughout the week.
- Lower Grades (5, Lot, S-I, S-II):
- Grade 5 rose from ₹177.00 to ₹184.00, while Lot rubber increased from ₹172.00 to ₹179.00.
- S-I and S-II rates remained stable from November 28 onwards, settling at ₹127.00 and ₹117.00, respectively.
- Revised Rates on November 27:
- On November 27, revised prices were announced, further driving the upward momentum.
- Overall Market Sentiment:
- The consistent price rise indicates strong market fundamentals, possibly driven by higher demand or reduced supply.
Weekly Rubber Prices (25-30 November 2024)
| Date | 1X (₹) | 3 (₹) | 4 (₹) | 5 (₹) | Lot (₹) | S-I (₹) | S-II (₹) |
|---|---|---|---|---|---|---|---|
| 25.11.2024 | 188.00 | 183.50 | 183.00 | 177.00 | 172.00 | 125.00 | 115.00 |
| 26.11.2024 | 189.00 | 184.50 | 184.00 | 178.00 | 173.00 | 126.00 | 116.00 |
| 27.11.2024 | 190.00 | 185.50 | 185.00 | 179.00 | 174.00 | 127.00 | 117.00 |
| 27.11.2024* | 191.00 | 186.50 | 186.00 | 179.00 | 174.00 | 127.00 | 117.00 |
| 28.11.2024 | 192.00 | 187.50 | 187.00 | 180.00 | 175.00 | 127.00 | 117.00 |
| 29.11.2024 | 193.00 | 189.50 | 189.00 | 182.00 | 177.00 | 127.00 | 117.00 |
| 30.11.2024 | 195.00 | 191.50 | 191.00 | 184.00 | 179.00 | 127.00 | 117.00 |
Date:30.11.2024
1X-195.00
3 -191.50
4 -191.00
5 -184.00
Lot-179.00
S-I -127.00
S-II -117.00
Date:29.11.2024
1X-193.00
3 -189.50
4 -189.00
5 -182.00
Lot-177.00
S-I -127.00
S-II -117.00
Date:28.11.2024
1X-192.00
3 -187.50
4 -187.00
5 -180.00
Lot-175.00
S-I -127.00
S-II -117.00
Date:27.11.2024 Revised Rubber Rate
1X-191.00
3 -186.50
4 -186.00
5 -179.00
Lot-174.00
S-I -127.00
S-II -117.00
Date:27.11.2024
1X-190.00
3 -185.50
4 -185.00
5 -179.00
Lot-174.00
S-I -127.00
S-II -117.00
Date:26.11.2024
1X-189.00
3 -184.50
4 -184.00
5 -178.00
Lot-173.00
S-I -126.00
S-II -116.00
Date:25.11.2024
1X-188.00
3 -183.50
4 -183.00
5 -177.00
Lot-172.00
S-I -125.00
S-II -115.00
Weekly Market Trend and Analysis: Rubber Society, Ujire (18th Nov – 23rd Nov 2024)
Overview
The rubber market in Ujire experienced a steady upward trend during the week, with consistent price increases observed across all categories. The primary drivers appear to be strong demand and incremental adjustments in lower-grade rubber prices. Below is a detailed analysis of the trends and key insights from the week.
Daily Price Trends
| Date | 1X | 3 | 4 | 5 | Lot | S-I | S-II |
|---|---|---|---|---|---|---|---|
| 18-11-2024 | 184.0 | 178.5 | 178.0 | 172.0 | 168.0 | 121.0 | 111.0 |
| 19-11-2024 | 184.0 | 178.5 | 178.0 | 172.0 | 168.0 | 122.0 | 112.0 |
| 20-11-2024 | 184.0 | 178.5 | 178.0 | 172.0 | 168.0 | 122.0 | 112.0 |
| 21-11-2024 | 186.0 | 181.5 | 181.0 | 175.0 | 170.0 | 123.0 | 113.0 |
| 22-11-2024 | 187.0 | 182.5 | 182.0 | 176.0 | 171.0 | 124.0 | 114.0 |
| 23-11-2024 | 188.0 | 183.5 | 183.0 | 177.0 | 172.0 | 125.0 | 115.0 |
Key Observations
- Premium Rubber (1X):
- Price increased from ₹184.00 on 18th November to ₹188.00 on 23rd November, reflecting a rise of ₹4.00 (+2.17%) over the week.
- The demand for high-grade rubber appears robust, pushing up rates consistently.
- Grade 3 and 4 Rubber:
- Grade 3 prices rose by ₹5.00 (+2.8%) during the week, ending at ₹183.50 on 23rd November.
- Grade 4 prices followed a similar trend, rising by ₹5.00 (+2.8%), ending at ₹183.00.
- Lower Grades (5 and Lot):
- Grade 5 saw an increase of ₹5.00 (+2.9%) from ₹172.00 to ₹177.00, indicating strong recovery for mid-tier rubber categories.
- Lot rubber prices also climbed steadily, rising by ₹4.00 (+2.4%) to ₹172.00 by the end of the week.
- Scrap Rubber (S-I and S-II):
- S-I and S-II prices exhibited significant growth, increasing by ₹4.00 (+3.3%) and ₹4.00 (+3.6%), respectively.
- This rise suggests growing utilization of scrap rubber in various industrial applications.
Date:23.11.2024
1X-188.00
3 -183.50
4 -183.00
5 -177.00
Lot-172.00
S-I -125.00
S-II -115.00
Date:22.11.2024
1X-187.00
3 -182.50
4 -182.00
5 -176.00
Lot-171.00
S-I -124.00
S-II -114.00
Date:21.11.2024
1X-186.00
3 -181.50
4 -181.00
5 -175.00
Lot-170.00
S-I -123.00
S-II -113.00
Date:20.11.2024
1X-184.00
3 -178.50
4 -178.00
5 -172.00
Lot-168.00
S-I -122.00
S-II -112.00
Date:19.11.2024
1X-184.00
3 -178.50
4 -178.00
5 -172.00
Lot-168.00
S-I -122.00
S-II -112.00
Date:18.11.2024
1X-184.00
3 -178.50
4 -178.00
5 -172.00
Lot-168.00
S-I -121.00
S-II -111.00
Summary and Analysis of Rubber Rates (11th to 16th November 2024)
Summary:
The rubber prices reported by the Rubber Society, Ujire, remained consistent from 11th to 14th November 2024. However, a slight change was observed starting from 15th November, which persisted on 16th November.
Key Observations:
- Stable Rates (11th-14th November):
- 1X: ₹185.00
- 3: ₹179.50
- 4: ₹179.00
- 5: ₹173.00
- Lot: ₹169.00
- S-I: ₹119.00
- S-II: ₹109.00
- Rate Change (15th-16th November):
- 1X: Reduced from ₹185.00 to ₹184.00 (₹1 drop).
- 3: Reduced from ₹179.50 to ₹178.50 (₹1 drop).
- 4: Reduced from ₹179.00 to ₹178.00 (₹1 drop).
- 5: Reduced from ₹173.00 to ₹172.00 (₹1 drop).
- Lot: Reduced from ₹169.00 to ₹168.00 (₹1 drop).
- S-I: Increased from ₹119.00 to ₹120.00 (₹1 rise).
- S-II: Increased from ₹109.00 to ₹110.00 (₹1 rise).
Analysis:
- General Trend:
The primary rubber grades (1X, 3, 4, 5, and Lot) experienced a uniform decline of ₹1 starting from 15th November, suggesting a potential drop in demand or market correction. - Scrap Rubber (S-I and S-II):
Contrarily, the scrap rubber rates (S-I and S-II) saw a slight increase of ₹1, indicating possible demand for lower-quality grades or reduced availability of scrap rubber in the market. - Market Stability:
The stability observed from 11th to 14th November could reflect a balanced supply-demand scenario. The subsequent minor changes hint at market adjustments rather than a major price fluctuation.
Conclusion:
The rubber market in Ujire exhibited minor volatility towards the end of the week, with standard grades witnessing a marginal decline and scrap grades experiencing a small uptick. This suggests slight shifts in market dynamics rather than significant upheavals. Traders and stakeholders should monitor these trends for further developments.
Here is a table displaying the rubber rates for all grades over the week (11th to 16th November 2024):
| Date | 1X (₹) | 3 (₹) | 4 (₹) | 5 (₹) | Lot (₹) | S-I (₹) | S-II (₹) |
|---|---|---|---|---|---|---|---|
| 11/11/2024 | 185.00 | 179.50 | 179.00 | 173.00 | 169.00 | 119.00 | 109.00 |
| 12/11/2024 | 185.00 | 179.50 | 179.00 | 173.00 | 169.00 | 119.00 | 109.00 |
| 13/11/2024 | 185.00 | 179.50 | 179.00 | 173.00 | 169.00 | 119.00 | 109.00 |
| 14/11/2024 | 185.00 | 179.50 | 179.00 | 173.00 | 169.00 | 119.00 | 109.00 |
| 15/11/2024 | 184.00 | 178.50 | 178.00 | 172.00 | 168.00 | 120.00 | 110.00 |
| 16/11/2024 | 184.00 | 178.50 | 178.00 | 172.00 | 168.00 | 120.00 | 110.00 |
Observations:
- The rates for grades 1X, 3, 4, 5, and Lot remained steady from 11th to 14th November but saw a slight decrease on 15th and 16th November.
- Scrap grades S-I and S-II increased marginally starting from 15th November.
Date:16.11.2024
1X-184.00
3 -178.50
4 -178.00
5 -172.00
Lot-168.00
S-I -120.00
S-II -110.00
Date:15.11.2024
1X-184.00
3 -178.50
4 -178.00
5 -172.00
Lot-168.00
S-I -120.00
S-II -110.00
Date:14.11.2024
1X-185.00
3 -179.50
4 -179.00
5 -173.00
Lot-169.00
S-I -119.00
S-II -109.00
Date:13.11.2024
1X-185.00
3 -179.50
4 -179.00
5 -173.00
Lot-169.00
S-I -119.00
S-II -109.00
Date:12.11.2024
1X-185.00
3 -179.50
4 -179.00
5 -173.00
Lot-169.00
S-I -119.00
S-II -109.00
Date:11.11.2024
1X-185.00
3 -179.50
4 -179.00
5 -173.00
Lot-169.00
S-I -119.00
S-II -109.00
Nov 10: Sunday Holiday
Date:09.11.2024
1X-185.00
3 -179.50
4 -179.00
5 -173.00
Lot-169.00
S-I -117.00
S-II -107.00
Date:08.11.2024
1X-183.00
3 -178.50
4 -178.00
5 -172.00
Lot-168.00
S-I -116.00
S-II -106.00
Date:07.11.2024
1X-182.00
3 -177.50
4 -177.00
5 -171.00
Lot-167.00
S-I -115.00
S-II -105.00
Date:06.11.2024
1X-182.00
3 -175.50
4 -175.00
5 -170.00
Lot-166.00
S-I -114.00
S-II -102.00
Date:05.11.2024
1X-182.00
3 -175.50
4 -175.00
5 -170.00
Lot-166.00
S-I -114.00
S-II -102.00
Date:04.11.2024
1X-182.00
3 -175.50
4 -175.00
5 -170.00
Lot-166.00
S-I -114.00
S-II -102.00
October 31 to November 03: Holiday
Date:30.10.2024
1X-184.00
3 -177.50
4 -177.00
5 -172.00
Lot-168.00
S-I -115.00
S-II -103.00
Date:29.10.2024
1X-184.00
3 -177.50
4 -177.00
5 -172.00
Lot-168.00
S-I -115.00
S-II -103.00
Date:28.10.2024
1X-184.00
3 -177.50
4 -177.00
5 -172.00
Lot-168.00
S-I -115.00
S-II -103.00
Date:26.10.2024
1X-184.00
3 -177.50
4 -177.00
5 -172.00
Lot-168.00
S-I -115.00
S-II -103.00
Date:25.10.2024
1X-184.00
3 -177.50
4 -177.00
5 -172.00
Lot-168.00
S-I -115.00
S-II -103.00
Date:24.10.2024
1X-184.00
3 -177.50
4 -177.00
5 -172.00
Lot-168.00
S-I -116.00
S-II -104.00
Date:23.10.2024
1X-184.00
3 -177.50
4 -177.00
5 -172.00
Lot-168.00
S-I -116.00
S-II -106.00
Date:22.10.2024
1X-185.00
3 -178.50
4 -178.00
5 -173.00
Lot-170.00
S-I -117.00
S-II -107.00
Date:21.10.2024: Revised Rubber Rate
1X-190.00
3 -183.50
4 -183.00
5 -178.00
Lot-173.00
S-I -119.00
S-II -109.00
Date:21.10.2024
1X-193.00
3 -187.50
4 -187.00
5 -182.00
Lot-177.00
S-I -120.00
S-II -110.00
Date:19.10.2024
1X-195.00
3 -188.50
4 -188.00
5 -183.00
Lot-178.00
S-I -121.00
S-II -111.00
Date:18.10.2024
1X-199.00
3 -190.50
4 -190.00
5 -185.00
Lot-180.00
S-I -123.00
S-II -113.00
Date:17.10.2024
1X-201.00
3 -192.50
4 -192.00
5 -187.00
Lot-183.00
S-I -125.00
S-II -115.00
Date:16.10.2024
1X-203.00
3 -193.50
4 -193.00
5 -188.00
Lot-185.00
S-I -127.00
S-II -117.00
Date:15.10.2024
1X-203.00
3 -193.50
4 -193.00
5 -188.00
Lot-185.00
S-I -127.00
S-II -117.00
Date:14.10.2024
1X-203.00
3 -193.50
4 -193.00
5 -188.00
Lot-185.00
S-I -127.00
S-II -117.00
Date:10.10.2024
1X-210.00
3 -202.50
4 -202.00
5 -195.00
Lot-192.00
S-I -129.00
S-II -119.00
Date:09.10.2024
1X-212.00
3 -204.50
4 -204.00
5 -200.00
Lot-193.00
S-I -130.00
S-II -120.00
Date:08.10.2024
1X-216.00
3 -208.50
4 -208.00
5 -204.00
Lot-195.00
S-I -131.00
S-II -121.00
Date:07.10.2024
1X-218.00
3 -210.50
4 -210.00
5 -206.00
Lot-196.00
S-I -131.00
S-II -121.00
Date:05.10.2024
1X-220.00
3 -211.50
4 -211.00
5 -207.00
Lot-197.00
S-I -131.00
S-II -121.00
Date:04.10.2024
1X-222.00
3 -213.50
4 -213.00
5 -208.00
Lot-198.00
S-I -132.00
S-II -122.00
Date:03.10.2024
Revised Rubber Rate
1X-224.00
3 -215.50
4 -215.00
5 -210.00
Lot-200.00
S-I -132.00
S-II -122.00
1X-228.00
3 -219.50
4 -219.00
5 -215.00
Lot-201.00
S-I -133.00
S-II -123.00
Date:01.10.2024
1X-228.00
3 -221.50
4 -221.00
5 -217.00
Lot-202.00
S-I -133.00
S-II -123.00
Date:30.09.2024
1X-229.00
3 -222.50
4 -222.00
5 -218.00
Lot-203.00
S-I -134.00
S-II -124.00
Date:28.09.2024
1X-229.00
3 -222.50
4 -222.00
5 -218.00
Lot-203.00
S-I -134.00
S-II -124.00
Date:27.09.2024
1X-231.00
3 -224.50
4 -224.00
5 -220.00
Lot-205.00
S-I -135.00
S-II -125.00
Date:26.09.2024
1X-232.00
3 -225.50
4 -225.00
5 -221.00
Lot-206.00
S-I -135.00
S-II -125.00
Date:25.09.2024
1X-232.00
3 -225.50
4 -225.00
5 -221.00
Lot-206.00
S-I -133.00
S-II -123.00
Date:24.09.2024
1X-231.00
3 -224.50
4 -224.00
5 -220.00
Lot-205.00
S-I -132.00
S-II -122.00
Date:23.09.2024
1X-232.00
3 -226.50
4 -226.00
5 -222.00
Lot-207.00
S-I -133.00
S-II -123.00
Date:21.09.2024
1X-233.00
3 -228.50
4 -228.00
5 -223.00
Lot-208.00
S-I -134.00
S-II -124.00
Date:20.09.2024
1X-233.00
3 -227.50
4 -227.00
5 -222.00
Lot-207.00
S-I -134.00
S-II -124.00
Date:19.09.2024
1X-234.00
3 -227.00
4 -226.50
5 -221.50
Lot-206.50
S-I -134.00
S-II -124.00
Date:18.09.2024
1X-234.50
3 -226.00
4 -225.50
5 -220.50
Lot-205.50
S-I -134.50
S-II -124.50
Date:17.09.2024
1X-234.50
3 -226.00
4 -225.50
5 -220.50
Lot-205.50
S-I -134.50
S-II -124.50
Date:16.09.2024
1X-234.50
3 -226.00
4 -225.50
5 -220.50
Lot-205.50
S-I -134.50
S-II -124.50
Date:14.09.2024
1X-235.00
3 -226.50
4 -226.00
5 -221.00
Lot-206.00
S-I -135.00
S-II -125.00
Date:13.09.2024
1X-235.00
3 -226.50
4 -226.00
5 -221.00
Lot-206.00
S-I -135.00
S-II -125.00
Date:12.09.2024
1X-236.00
3 -226.50
4 -226.00
5 -221.00
Lot-206.00
S-I -136.00
S-II -126.00
Date:11.09.2024
1X-237.00
3 -227.50
4 -227.00
5 -221.00
Lot-206.00
S-I -137.00
S-II -127.00
Date:10.09.2024
1X-238.00
3 -227.50
4 -227.00
5 -221.00
Lot-206.00
S-I -138.00
S-II -128.00
Date:09.09.2024
1X-239.00
3 -226.50
4 -226.00
5 -220.00
Lot-206.00
S-I -138.00
S-II -128.00
Date:06.09.2024
1X-239.00
3 -226.50
4 -226.00
5 -220.00
Lot-206.00
S-I -138.00
S-II -128.00
Date:05.09.2024
1X-239.00
3 -226.50
4 -226.00
5 -220.00
Lot-206.00
S-I -138.00
S-II -128.00
Date:04.09.2024
1X-241.00
3 -228.50
4 -228.00
5 -222.00
Lot-208.00
S-I -139.00
S-II -129.00
Date:03.09.2024
1X-243.00
3 -230.50
4 -230.00
5 -224.00
Lot-210.00
S-I -140.00
S-II -130.00
Date:02.09.2024
1X-245.00
3 -232.50
4 -232.00
5 -226.00
Lot-211.00
S-I -140.00
S-II -130.00
Weekly Report on Rubber Prices (26.08.2024 – 31.08.2024)
During the week of August 26, 2024, to August 31, 2024, rubber prices fluctuated across different grades, reflecting both increases and stability. Below is a summary of the price movements:
Summary:
- 1X: The price of the highest-grade rubber (1X) decreased significantly at the beginning of the week, dropping from ₹252.00 to ₹245.00 on August 28. The rate then remained stable at ₹245.00 until the end of the week.
- Grade 3: After remaining steady at ₹230.50 for the first two days, Grade 3 rubber saw a steady increase, rising to ₹233.50 by the end of the week.
- Grade 4: Similar to Grade 3, the price of Grade 4 rubber rose from ₹230.00 to ₹233.00 over the week.
- Grade 5: The price increased from ₹224.00 at the start of the week to ₹227.00 by the end of the week.
- Lot: The price of Lot rubber showed a modest increase, rising from ₹208.00 to ₹211.00.
- S-I: The price of S-I rubber slightly decreased from ₹143.00 to ₹140.00 early in the week and remained constant thereafter.
- S-II: The price of S-II rubber saw a similar drop, from ₹135.00 to ₹132.00, stabilizing midweek.
Rubber Price Table (26.08.2024 – 31.08.2024)
| Date | 1X | Grade 3 | Grade 4 | Grade 5 | Lot | S-I | S-II |
|---|---|---|---|---|---|---|---|
| 26.08.2024 | 252.0 | 230.5 | 230.0 | 224.0 | 208.0 | 143.0 | 135.0 |
| 27.08.2024 | 247.0 | 230.5 | 230.0 | 224.0 | 208.0 | 141.0 | 133.0 |
| 28.08.2024 | 245.0 | 231.5 | 231.0 | 225.0 | 208.0 | 140.0 | 132.0 |
| 29.08.2024 | 245.0 | 232.5 | 232.0 | 226.0 | 210.0 | 140.0 | 132.0 |
| 30.08.2024 | 245.0 | 233.5 | 233.0 | 227.0 | 211.0 | 140.0 | 132.0 |
| 31.08.2024 | 245.0 | 233.5 | 233.0 | 227.0 | 211.0 | 140.0 | 132.0 |
Date:31.08.2024
1X-245.00
3 -233.50
4 -233.00
5 -227.00
Lot-211.00
S-I -140.00
S-II -132.00
Date:30.08.2024
1X-245.00
3 -233.50
4 -233.00
5 -227.00
Lot-211.00
S-I -140.00
S-II -132.00
Date:29.08.2024
1X-245.00
3 -232.50
4 -232.00
5 -226.00
Lot-210.00
S-I -140.00
S-II -132.00
Date:28.08.2024
1X-245.00
3 -231.50
4 -231.00
5 -225.00
Lot-208.00
S-I -140.00
S-II -132.00
Date:27.08.2024
1X-247.00
3 -230.50
4 -230.00
5 -224.00
Lot-208.00
S-I -141.00
S-II -133.00
Date:26.08.2024
1X-252.00
3 -230.50
4 -230.00
5 -224.00
Lot-208.00
S-I -143.00
S-II -135.00
Date:24.08.2024
1X-252.00
3 -230.50
4 -230.00
5 -224.00
Lot-208.00
S-I -145.00
S-II -137.00
Date:23.08.2024
1X-254.00
3 -231.50
4 -231.00
5 -225.00
Lot-209.00
S-I -147.00
S-II -139.00
Date:22.08.2024
1X-254.00
3 -231.50
4 -231.00
5 -225.00
Lot-210.00
S-I -148.00
S-II -140.00
Date:21.08.2024
1X-254.00
3 -230.50
4 -230.00
5 -224.00
Lot-210.00
S-I -148.00
S-II -140.00
Date:20.08.2024
1X-254.00
3 -230.50
4 -230.00
5 -224.00
Lot-212.00
S-I -150.00
S-II -142.00
Date:19.08.2024
1X-255.00
3 -231.50
4 -231.00
5 -224.00
Lot-213.00
S-I -151.00
S-II -143.00
Date:17.08.2024
1X-255.00
3 -231.50
4 -231.00
5 -224.00
Lot-213.00
S-I -151.00
S-II -143.00
Date:16.08.2024
1X-256.00
3 -232.50
4 -232.00
5 -225.00
Lot-214.00
S-I -153.00
S-II -145.00
Date:14.08.2024: Revised Rubber Rate
1X-258.00
3 -234.50
4 -234.00
5 -227.00
Lot-216.00
S-I -154.00
S-II -146.00
Date:14.08.2024
1X-260.00
3 -237.50
4 -237.00
5 -229.00
Lot-218.00
S-I -154.00
S-II -146.00
Date:13.08.2024: Revised Rubber Rate
1X-262.00
3 -239.50
4 -239.00
5 -230.00
Lot-219.00
S-I -155.00
S-II -147.00
Date:13.08.2024
1X-264.00
3 -242.50
4 -242.00
5 -232.00
Lot-221.00
S-I -156.00
S-II -148.00
Date:12.08.2024: Revised Rubber Rate
1X-264.00
3 -242.50
4 -242.00
5 -232.00
Lot-221.00
S-I -156.00
S-II -148.00
Date:12.08.2024
1X-264.00
3 -243.50
4 -243.00
5 -232.00
Lot-221.00
S-I -156.00
S-II -148.00
Date:10.08.2024
1X-264.00
3 -243.50
4 -243.00
5 -232.00
Lot-221.00
S-I -156.00
S-II -148.00
1X-264.00
3 -243.50
4 -243.00
5 -232.00
Lot-221.00
S-I -156.00
S-II -148.00
Date:09.08.2024
1X-264.00
3 -241.50
4 -241.00
5 -231.00
Lot-220.00
S-I -156.00
S-II -148.00
Date:08.08.2024
1X-263.00
3 -238.50
4 -238.00
5 -228.00
Lot-217.00
S-I -155.00
S-II -147.00
Date:07.08.2024
1X-262.00
3 -235.50
4 -235.00
5 -225.00
Lot-214.00
S-I -154.00
S-II -146.00
Date:06.08.2024
1X-261.00
3 -232.50
4 -232.00
5 -221.00
Lot-211.00
S-I -150.00
S-II -142.00
Date:05.08.2024
1X-260.00
3 -228.50
4 -228.00
5 -219.00
Lot-209.00
S-I -148.00
S-II -140.00
Weekly Report on Rubber Rates: Ujire Rubber Society (29.07.2024 – 03.08.2024)
Overview
The rubber prices in Ujire have shown a steady increase over the week, with all grades experiencing a rise in rates.
Detailed Comparison
| Date | 1X | 3 | 4 | 5 | Lot | S-I | S-II |
|---|---|---|---|---|---|---|---|
| 29.07.2024 | 256.00 | 216.50 | 216.00 | 208.00 | 196.00 | 140.00 | 132.00 |
| 30.07.2024 | 257.00 | 217.50 | 217.00 | 209.00 | 200.00 | 141.00 | 133.00 |
| 31.07.2024 | 258.00 | 219.50 | 219.00 | 211.00 | 202.00 | 142.00 | 134.00 |
| 01.08.2024 | 260.00 | 221.50 | 221.00 | 213.00 | 204.00 | 143.00 | 135.00 |
| 02.08.2024 | 260.00 | 224.50 | 224.00 | 215.00 | 205.00 | 144.00 | 136.00 |
| 03.08.2024 | 260.00 | 227.50 | 227.00 | 218.00 | 208.00 | 146.00 | 138.00 |
| Change | +4.00 | +11.00 | +11.00 | +10.00 | +12.00 | +6.00 | +6.00 |
Review
- 1X Grade: The price increased steadily from ₹256.00 to ₹260.00 over the week. A rise of ₹4.00.
- Grade 3: This grade saw a consistent increase each day, starting at ₹216.50 and closing at ₹227.50, reflecting a significant rise of ₹11.00.
- Grade 4: Similar to Grade 3, Grade 4 also experienced a steady climb from ₹216.00 to ₹227.00, marking an increase of ₹11.00.
- Grade 5: Prices rose from ₹208.00 to ₹218.00, showing a ₹10.00 increase over the week.
- Lot: The price for Lot grade increased from ₹196.00 to ₹208.00, with a ₹12.00 rise, indicating strong market demand.
- S-I: The S-I grade saw an increase from ₹140.00 to ₹146.00, gaining ₹6.00.
- S-II: S-II grade prices climbed from ₹132.00 to ₹138.00, with a rise of ₹6.00.
Summary
Overall, the rubber prices at Ujire Rubber Society experienced a steady rise across all grades during the week from 29.07.2024 to 03.08.2024. The consistent upward movement across all grades indicates a healthy demand for rubber in the region.
The most significant changes were seen in Lot grade and Grades 3 and 4, each showing substantial increases over the period. The increase in Lot grade prices by ₹12.00 is particularly notable, reflecting its growing importance in the market.
Date:03.08.2024
1X-260.00
3 -227.50
4 -227.00
5 -218.00
Lot-208.00
S-I -146.00
S-II -138.00
Date:02.08.2024
1X-260.00
3 -224.50
4 -224.00
5 -215.00
Lot-205.00
S-I -144.00
S-II -136.00
Date:01.08.2024
1X-260.00
3 -221.50
4 -221.00
5 -213.00
Lot-204.00
S-I -143.00
S-II -135.00
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