Rubber Latex Update

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What is the Latex-Food Syndrome?

What is ‘latex allergy’?

Latex allergy refers to the allergic manifestations in certain individuals in relation to the protein allergens present in latex or else in natural rubber. Probably due to the increased number of latex related products that we encounter in our daily practices, the number of individuals whom are allergic to latex is showing a gradual rise with time. (read more)

Rubber Climbs for First Day in Five as China Growth Raises Demand Outlook

Rubber advanced for the first time in five days after data showed faster-than-estimated growth in China’s industrial output, boosting optimism that demand will expand from the world’s largest consumer.

Futures in Tokyo rallied as much as 0.9 percent to 295.6 yen per kilogram ($3,513 a metric ton) after declining about 3 percent in the previous four sessions. The price also climbed as a rally in crude oil raised the appeal of natural rubber as an alternative to synthetic products. (read more)

Commodities Buzz: Rubber Board Asks FMC To Curb Futures Trading Limit

The Rubber Board has asked the Forward Markets Commission (FMC), which supervises the functioning of commodity exchanges in the country, to curb the intra-day price fluctuations in rubber futures to not more than two per cent. Currently, futures price can rise or drop two per cent initially during a trading session. (read more)

Rubber Drops a Second Day Based on Speculation Physical Deliveries May Increase

Rubber dropped for a second day, led by a slump in the nearest-dated contract, amid speculation that physical deliveries may increase when the contract expires next week.

September-delivery rubber on the Tokyo Commodity Exchange, which will expire on Sept. 24, plunged as much as 4.7 percent to 284 yen per kilogram ($3,324 a metric ton), extending yesterday’s 1.8 percent drop, before settling at 289.5 yen. (read more)

Decline in spot rubber prices

On Thursday (16 September 2010), the spot rubber prices declined following the declines in domestic and international futures. There has been no selling pressure in the market. The trend was mixed as ISNR 30 and latex 60% ended flat. Sheet rubber declined to Rs 166 from Rs 168 per kg on buyer resistance. (read more)

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