The Kerala State Cooperative Rubber Marketing Federation (KSCRML) is looking for steps to impose a total ban on import of rubber as well as encouraging exports by extending subsidy. President, RubberMark, T H Musthaffa, said that ‘the quantity of rubber produced in Kerala is sufficient for domestic consumption and there is no need for import under any circumstances.’
The production in the last financial year was 9.04 lakh tonnes and consumption during the period was 9.64 lakh tonnes. Out of this, 48,200 tonnes were exported. At present, up to August 213,785 tonnes were imported and also stressed the need to take steps for exporting the surplus quantity over own consumption. Musthaffa pointed out that the drop in rubber price is the result of RSS IV and ISNR 20 to help rubber companies. It is only because of the pressure from tyre companies rubber imports were being allowed.
The Federation President added that when the price of rubber was in the downward trend, prices of tyres have not declined and on the other hand, they had gone up. Price of RSS IV, which was Rs 201/kg in April has dipped to Rs 160/kg in December. The price of crumb rubber also declined from Rs 198.50 to Rs 159 during the same period. The Federation also requested the Ministry to grant a short term loan of Rs 50 crore as a need-based working capital and Rs 1 crore each to the member societies to reinforcing the cooperative marketing set up.
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