Continuing with the trend, the price of Latex Crepe 1X hit Rs.700 at the latest Public Auction in Colombo, becoming the highest ever price recorded ever for a kilo of rubber in Sri Lankan history.
2000 kilos of Crepe 1X from Diviturai estate managed by Elpitiya Plantions Ltd, were sold at Rs.700 per kilo through broker J D & sons to the exporting company M/S Rajapakse Trading Co.
Latex Crepe No. 1X, is the purest grade of natural rubber produced in the world.
Sri Lanka is the sole producer of this grade of NR. Manufacturing latex Crepe Rubber needs care full supervision, sound infrastructure facilities, and specialized staff unlike in RSS Manufacture.
LC 1X is used for high quality pharmaceutical products and for some special products in Europe and USA.
source - www.dailymirror.lk
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