Rubber Board of India reported that the natural rubber production improved by 8% to 67,000 tonnes during October, while imports rose by 63% to 62,047 tonnes. As per reports, the country's consumption jumped 14.6% to 1,02,000 tonnes in October, comparing last year same month's 89,000 tonnes. The local consumption surged with the drip in overseas prices. However, exports dropped to nil from 479 tonnes during the period under the review.
As during the period of April to October of 2018-19 fiscal, the country marked natural rubber production of about 3.44 lakh tonnes down from 3.82 lakh tonnes in the corresponding period of the previous year. The consumption, however, rose to 7,16,040 tonnes from 6,17,960 tonnes. Imports marked a jump of 3,56,255 tonnes during April-October 2018 from 2,63,221 tonnes in the corresponding period of last fiscal. In contrast, exports were down to 433 tonnes from 4,687 tonnes.
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.
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.
MoneyWorks4Me ensures this through: