Today’s Rubber price at Rubber Society- Ujire
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
Also read: Kottayam and International Rubber Market
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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Jan 2024-July 2024
April 2023- December 2023
April 2022 to March 2023
Jan – 2022
Feb- 2022
March- 2022
April – 2022
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