SEBI Reg. Investment Advisor

Download App
Help Center Subscribe
Money Works 4 Me Logo MoneyWorks4Me
Talk to Advisor
Login Get Free Account
Sign Up

MoneyWorks4Me

Log In Sign Up Schedule Free 15‑min Call
Login Get Free Account
Sign Up
  1. Home
  2. Stock Market News
  3. Rubber import increases 42% to 28,806 tonnes in February

Rubber import increases 42% to 28,806 tonnes in February

20 Mar 2015 Evaluate

The import of natural rubber has increased 42% on a year-on-year basis to 28,806 tonnes in February from 20,300 tonnes in the same month last year. The cumulative import for the April-February period of current financial year crossed 380,000 tonnes, which signaling annual import to cross 4,00,000 tonnes by March-end. The total import in the first 11 months of the current financial year was 3,88,683 tonnes, against 3,35,349 tonnes in the year-ago period.

Although there is strong pressure to enhance the import duty, rubber will pour into the country as the foreign market continues to be quite attractive. While Union commerce minister Nirmala Sitharaman has said the Centre might increase the duty by 5 percent to 25 percent, increasing the duty is unlikely to curb imports because importing will still be cheaper thanks to the price difference.

Meanwhile, production has also come down from 57,800 tonnes in February 2014 to 50,000 tonnes last month, a year-on-year drop of 13.5 percent. While the monthly consumption increased by 4 percent at 82,500 tonnes. Total production in April -February period was 620,000 tonnes as against 726,300 tonnes, recording a fall of 14.6 percent. Consumption increased 4 percent to 9,28,865 tones as against 8,94,120 tones, leaving a shortfall of 3,08,865 tones in local production. This time annual production is likely to be below 7,00,000 tonnes.

Register Now to get our Free Newsletter & much more!
2026 ©The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me® is a registered trademark of The Alchemists Ark Pvt. Ltd.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: