PALEMBANG : Rubber price down

South Sumatra- Prices thin rubber rollers at the Village Unit Cooperatives Serasan, Muaraenim Regency, South Sumatra, Sunday, January 15, 2012 recorded Rp20.100 per kilogram, or down compared to previous Rp20.787 per kg.

Head of Marketing and Processing of Plantation, Plantation Office in Palembang in South Sumatra Minarsih said that the auction price of rubber at the KUD in the area in recent months has always fluctuated.
Price of rubber in Sumatra including auction rate KUD always relied on foreign markets, because most of the rubber in this area is exported, he said.

He added that the rubber is sold or auctioned through KUD is a result leads the farmers in some areas of production centers, especially in the district Muaraenim.

The results are in addition to rubber growers sold through auction markets KUD, most also sold to processing companies in Palembang, including marketed to Lampung.

Data collected through the Rubber Association of Indonesia (Gapkindo) South Sumatra that the price of rubber exports 90 percent of registered quality Rp26.877 per kilogram.

Secretary of the Rubber Association of Indonesia of South Sumatra, H Awie Safe, in Palembang, earlier said the price of rubber exports in the last two weeks is always a change of the rise, then fall again and so on.

Quality of export rubber prices 90 percent since January 2 and then to the present is not yet stable. Then on January 5, dropped to Rp26.705 per kg, the last on Friday (13 / 1) edged up to Rp26.877 per kg.

While the rubber market in foreign countries, according to Central Statistics Agency (BPS), South Sumatra, said that the province's non-oil export value in October 2011 is still dominated by agricultural commodities, especially rubber, coal, wood products and crude palm oil (CPO).

Rubber produced 353.32 million U.S. dollars of foreign exchange, followed by 7.81 million dollars in coal and lumber / wood products 1.32 million U.S. dollars.(ANT/Eksp)