Indian rubber output rises under rain guard
Sunday, 3 October 2010
KOTTAYAM, Oct 2 (Commodity Online): India's natural production increased by 4.3 per cent in September 77,500 tons with the rain guarding system amid moderate rainfall as compared to 74,300 tons in the same period last year, said Rubber Board of India.
However, the board evaded divulging further details such as acreage under rain guarding rubber plantation system.
During the April-September period this fiscal, the production of natural rubber mainly used in tyre manufacturing - increased to 3.75 lakh tons from 0.34 million tons in the same period last year.
Total production until September 30, surged by 7.6 per cent due to the better weather condition.
However, the consumption grew by 2 per cent in the first half of the current fiscal vis-à-vis the same period last fiscal. The country consumed 0.46 million tons rubber in the April-September period of the current fiscal as compared to the corresponding period last fiscal.
However, the board evaded divulging further details such as acreage under rain guarding rubber plantation system.
During the April-September period this fiscal, the production of natural rubber mainly used in tyre manufacturing - increased to 3.75 lakh tons from 0.34 million tons in the same period last year.
Total production until September 30, surged by 7.6 per cent due to the better weather condition.
However, the consumption grew by 2 per cent in the first half of the current fiscal vis-à-vis the same period last fiscal. The country consumed 0.46 million tons rubber in the April-September period of the current fiscal as compared to the corresponding period last fiscal.