South Indian natural rubber sector suffers Rs 610 crore loss after lockdown: Upasi
The association has estimated a crop loss of 49000 tonnes valued at Rs 610 crore from the last week of March and April. The absence of rubber trading has affected cash flow and revenue, especially from the sale of sheets and latex that came to a standstill, Upasi said in a representation to the Rubber Board.
Global natural rubber output fall may impact import to India
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The latest report of The Association of Natural Rubber Producing Countries (ANRPC) said the increasing...
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The projection for production in 2019-20 has been revised to 730,000 tonnes.
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Nearly a decade ago, output used to hover around 9,00,000 tonnes.
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International rubber prices of sheet variety RSS-3 are down by more than 5%.
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Natural rubber prices have been moving in the lower range in the past few years in India.
Rubber rises 9% despite demand dive
Industry executives said there was a slowdown in production, contrary to the figures projected by the Rubber Board.
Global price rally may reduce rubber imports further
Rubber imports fell 18 per cent year-on year in April-October 2019, according to Rubber Board data.
Natural rubber production rises 8%, imports jump 63%
Production stood at 62,000 tonnes in October 2017.
Rubber imports head for new high
Fall in output and rise in demand push imports up by 35% for nine months to Dec ’18.
Rubber falls 15% on low demand
Thomas said a price level over ₹140 per kg in the June-August period contributed to higher output.
Weak tapping, global rally lift domestic rubber price
Price of sheet rubber variety RSS-4 used in tyre now at Rs 130.50/kg.