Indian natural rubber output rebounds on higher prices

Kottayam, India – Higher prices have contributed to a significant pick-up in India’s production and export of natural rubber (NR), the country’s Rubber Board has reported.

Production during the last fiscal year reached 690,000 tonnes, well above a forecast level of 654,000 tonnes and 22.8% above the 562,000 tonnes recorded in 2015-16.

NR production this March in India reached 55,000 tonnes, 66.7% above the level in the same month last year, the Rubber Board added in a 24 April release.

Indian NR exports during last fiscal year came…

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