Natural Latex prices further down in Mumbai (Business Opportunities - Advertising Service)
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Natural Latex prices further down in Mumbai | |
In the Mumbai rubber market, prices of natural latex (H.M.L grade) have seen a modest decline. On May 2nd, the rate stood at Rs.115/kg, but by May 31st, it had dropped to Rs.112 per kilogram, marking a Rs.3/kg decrease over the course of the month. Traders attribute this price drop to a slight dip in demand from key industrial sectors such as foam, mattress, and medical goods manufacturing. At the same time, supply from major producing states like Kerala and Tamil Nadu has remained steady, contributing to downward pressure on prices. India’s natural latex production, especially in H.M.L grade, is primarily centered in Kerala. Leading domestic producers include Harrisons Malayalam Ltd. (HML), a prominent plantation company known for its high-quality latex. Other significant names include AVT Natural Products Ltd., Kavanar Latex Pvt. Ltd., Indus Rublatex Pvt. Ltd., and Kottayam Latex Pvt. Ltd. These producers cater to both domestic and export markets, and their consistent supply has helped keep prices stable even as demand dipped. On the global front, major latex producers such as Sri Trang Agro-Industry in Thailand, Halcyon Agri Corporation (with operations across Southeast Asia), and Top Glove Corporation in Malaysia continue to influence international market sentiment. Recent softening in global prices, combined with sluggish export demand and stable inbound supply, has echoed across Indian markets, including Mumbai. According to market participants in Mumbai, if there is no immediate rebound in demand, prices could weaken further in the first half of June. Industry watchers are now closely observing monsoon developments, overseas pricing patterns, and industrial activity in both domestic and international markets, all of which are expected to shape price movements ahead, Natural Latex Prices in India, Indian Natural Latex Prices, Indian Prices Natural Latex, Indianpetrochem. #NaturalLatexpricesinIndia #IndianNaturalLatexPrices #IndianPricesNaturalLatex #Indianpetrochem | |
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| Target State: All States Target City : delhi Last Update : Jun 02, 2025 11:01 AM Number of Views: 22 | Item Owner : rubberfiber Contact Email: Contact Phone: (None) |
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2025-06-09 (0.871 sec)