Rubber output up 7.6pc during Apr-Sept in India
Wednesday, 20 October 2010
KOTTAYAM, Oct 19 (Commodity Online): The natural rubber (NR) production in the country during April-September 2010 was higher by 7.6 per cent over the corresponding period in the previous year, the Rubber Board Chairman, Sajen Peter informed today.
He was delivering the presidential address in the 164th meeting of the rubber board held at Rubber Research Institute of India.
The consumption of NR in the domestic markets also increased 2 per cent during this period. Consumption in the automotive tyre sector grew by 4.1 per cent, while the non-tyre sector recorded a decline of 1.3 per cent, he said.
He informed the meeting that world NR production and consumption had also increased by 5.9 per cent and 17.8 per cent respectively during the first half of 2010.
The global stock of NR is very low at 932,000 tonne at the end of June 2010 according to the reports of International Rubber Study Group. World production and consumption of NR in 2010 are projected at 10.25 and 10.31 million tonnes respectively.
A demonstration of the functioning of the prototype of mechanised tapping knife, which is in the experimental stage, also was conducted for the Board members. The knife was developed by Z Mathew, Adjunct Professor of Amal Jyothi College of Engineering, Kanjirappally.
He was delivering the presidential address in the 164th meeting of the rubber board held at Rubber Research Institute of India.
The consumption of NR in the domestic markets also increased 2 per cent during this period. Consumption in the automotive tyre sector grew by 4.1 per cent, while the non-tyre sector recorded a decline of 1.3 per cent, he said.
He informed the meeting that world NR production and consumption had also increased by 5.9 per cent and 17.8 per cent respectively during the first half of 2010.
The global stock of NR is very low at 932,000 tonne at the end of June 2010 according to the reports of International Rubber Study Group. World production and consumption of NR in 2010 are projected at 10.25 and 10.31 million tonnes respectively.
A demonstration of the functioning of the prototype of mechanised tapping knife, which is in the experimental stage, also was conducted for the Board members. The knife was developed by Z Mathew, Adjunct Professor of Amal Jyothi College of Engineering, Kanjirappally.