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Natural rubber consumption, output fall continues in Feb

Source : BUSINESS_STANDARD
Last Updated: Sat, Mar 09, 2013 18:52 hrs

The fall in production and consumption of natural rubber (NR) continued in February, thereby affecting the local price of the commodity. While NR consumption declined 2.7 per cent to 73,000 tonnes, production suffered a more serious setback during the month. The monthly output fell to 61,000 tonnes, registering a fall of 4.7 per cent. However, compared to January, the rate of decrease in both production and consumption has slowed down in February, according to the latest figures released by the Rubber Board.

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