ERJ staff report (DS)
Kottayam, Kerala, India - Production and consumption of rubber (both synthetic and natural) increased in India in the month of October.
According to the latest data from the Indian Rubber Board's publication, Rubber Statistical News, Natural Rubber (NR) Production in the country during October 2011 increased to 89,300 tonnes as against the production of 82,400 tonnes during October 2010.
Consumption of NR by the rubber goods manufacturing industry in the country during October'11 was 76,495 tonnes as against 74,870 tonnes during September'11. The total consumption during April'11 to October'11 was 551,980 tonnes compared to 550,230 tonnes during the same period last year, recording growth of just 0.3 percent.
The growth in consumption by the auto tyre sector during the first seven months of the current fiscal year was 4.0% as against 5.4% during the same period of the previous year. At the same time, the non-tyre sector registered a negative growth of 5.8% compared to a negative growth of 0.9% during the same period last year.
On the synthetic rubber side, Production of Synthetic Rubber (SR) during October'11 was 8,592 tonnes compared to 8,421 tonnes during September '11. The total production of SR during April'11 to October'11 was 63,342 tonnes compared to 61,957 tonnes during the same period of the previous year.
Consumption of SR decreased to 31,275 tonnes during October'11 compared to 33,510 tonnes during September'11. The cumulative consumption of SR during the first seven months of 2011-12 increased to 244,350 tonnes compared to 236,450 tonnes during the corresponding period of the previous year.
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December issue of Rubber Statistical News from Indian Rubber Board