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India's May rubber imports drop 4.1 percent as output rises

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Reuters MUMBAI
Last Updated : Jul 05 2016 | 6:49 PM IST

MUMBAI (Reuters) - India's natural rubber imports in May dropped 4.1 percent from a year ago to 35,445 tonnes as production rose, the state-run Rubber Board said in a statement on Tuesday.

The country's output in the month rose 2.2 percent to 46,000 tonnes, while consumption jumped 4 percent to 85,000 tonnes, it said.

India imports natural rubber mainly from Indonesia, Vietnam and Thailand.

(Reporting by Rajendra Jadhav; Editing by Sunil Nair)

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First Published: Jul 05 2016 | 6:30 PM IST

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