Country’s natural rubber production increased by 4% to 59,200 tonnes in June from 56,850 tonnes in June 2010, whereas consumption of natural rubber surged by 6% to 80,500 tonnes from 75,450 tonnes in the corresponding month of last year.
However, as per the data released by the Rubber Board, production of natural rubber reduced marginally on a month on month basis in June to 59,200 tonnes from 59,700 tonnes. Similarly, consumption also declined marginally to 80,500 tonnes from 81,000 tonnes.
However, exports of natural rubber showed robust growth in the month of June, it increased to 3,104 tonnes from 618 tonnes in the same month of last year. On month on month basis, exports of rubber increased 78%. In May, India had exported 1,742 tonnes of rubber.
Likewise, imports of rubber increase by 60% to 19,118 tonnes in June from 11,985 tonnes in the same month of last year. Whereas, on monthly basis imports increase by 16% in June. During May, India’s rubber import was 16,293 tonnes.
Stock of natural rubber increased by 37% to 2, 47,442 in June 2011 from 1, 80,697 tonnes in June 2010.
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