STOCKS PILE UP
Received Wednesday, 10.15 p.m. LOXDOX, Sept. 18. Rubber stocks are piling up on estates throughout Malaya as produc tion steadily iucreases, but the growers cannot lind buyers at even ten per cent. below the official price, states Reuter'.Singapore correspondent. August e: ports of 70,649 tons were 30,00(1 abovtthose in July but there were still more than 00,000 tons in stockpiles at tu end of August. Rubber authorities in Hingapore be lieve any establishment of a free raar ket would stabilise the price lid to 2c below the present eontrol level tiu dealers believe stocks would then In .quickly liquidated.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHRONL19460919.2.23.1
Bibliographic details
Chronicle (Levin), 19 September 1946, Page 5
Word Count
102STOCKS PILE UP Chronicle (Levin), 19 September 1946, Page 5
Using This Item
NZME is the copyright owner for the Chronicle (Levin). You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.