Natural rubber (NR) production in the country has declined by 7.2 per cent for the month of April 2012, as compared to the corresponding month of the previous year. Production during the month stood at 52,700 tonne, as against 56,800 tonne in April 2011. The consumption of NR during April 2012 has decreased by 4.7 per cent to 80,500 tonne, as compared to 84,500 tonne, according to the provisional
The Rubber Board has projected a deficit of 64,000 tonnes in the domestic production-consumption of natural rubber (NR) in the current financial year. According to Sheela Thomas, the Board
Natural rubber (NR) imports reached an all-time high of 205,050 tonnes in 2011-12, up nine per cent over the previous financial year.
Global natural rubber (NR) demand is likely to increase this year, according to the initial trend in consumption. A high crude oil price may also positively impact demand world over, according to
The Association of Natural Rubber Producing Countries (ANRPC) has lowered its natural rubber (NR) supply estimates for 2012. According to it, total supply would be 10.42 million tonnes (mt) from
A strong bearish trend is prevalent in the global natural rubber (NR) market, as Bangkok spot trading on Thursday quoted a lower price of Rs 197 a kg, compared to Indian markets, which quoted Rs
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