India's natural rubber production increased by 4% in June this year to 59,200 tonnes, while consumption rose by more than 6% to 80,500 tonnes.
According to Rubber Board data, production and consumption in the year-ago period stood at 56,850 tonnes and 75,450 tonnes, respectively.
However, production of natural rubber fell marginally on a month-on-month basis in June to 59,200 tonnes from 59,700 tonnes in May.
Likewise, the consumption of natural rubber on a month-on-month basis also declined marginally in June to 80,500 tonnes from 81,000 tonnes in May.
Rubber exports increased by more than five-fold in June, 2011, to 3,104 tonnes from 618 tonnes in the same period of the previous year. Shipments on a month-on-month basis rose by 78%. India exported 1,742 tonnes of rubber in May, 2011.
Similarly, imports increased by almost 60% in June, 2011, to 19,118 tonnes from 11,985 tonnes in the year-ago period.
Imports of natural rubber on a month-on-month basis rose by 16%. India had imported 16,293 tonnes of rubber in May, 2011.
Natural rubber stocks rose almost 37% in June this year to 2,47,442 tonnes from 1,80,697 tonnes in the corresponding period of the previous year.
