As per the report compiled by the Rubber Board, the country’s synthetic rubber consumption stood at 2.26 lakh tonnes in the first half of this fiscal, a rise of 6.10% while the production rose marginally to 54,778 tonnes during the same period. During April - September period of 2011-12 fiscal, the country consumed 2.13 lakh tonnes of synthetic rubber while the output stood at 54,750 tonnes during the period.
The consumption by the Auto tyre industry rose by 8% and stood to 1.67 lakh tonnes during the period compared to 1.55 lakh tonnes in the year ago period. Imports of synthetic rubber declined by 3% to 1.69 lakh tonnes from 1.75 lakh tonnes.
The consumption of synthetic rubber increased to 37,150 tonnes in September this year compared to 33,510 tonnes in the same period in 2011, whereas, its use in the Auto tyre industry rose to 27,535 tonnes from 24,016 tonnes during the period. On the other hand, the production of synthetic rubber, declined to 7,934 tonnes in September 2012 as compared to 8,421 tonnes. This year In September the country has imported 31,265 tonnes of the commodity as against 26,760 tonnes in September 2011.
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