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Natural rubber output up 6% to 50,000 tonne in June

Natural rubber production rose by 6 per cent to 50,000 tonnes during June while imports fell by 4 per cent, according to Rubber Board data.

August 14, 2016 / 11:46 IST
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Natural rubber production rose by 6 percent to 50,000 tonnes during June while imports fell by 4 per cent, according to Rubber Board data.

The production stood at 47,000 tonnes in the same month last year, it said.

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Natural rubber consumption during June increased by 7.5 per cent to 87,000 tonnes compared to 80,955 tonnes during June 15, it added.

Imports declined to 37,336 tonnes in June this year from 38,923 tonnes in the year-ago period, while exports rose to 44 tonnes from 6 tonnes.