Business Standard

Natural rubber exports tumble 57 pc to 695 tonnes

Image

Press Trust of India New Delhi
Natural rubber exports declined 57 per cent to 695 tonnes in December due to fall in domestic production.

Rubber exports stood at 1,603 tonnes in the same month in 2012, according to the Rubber Board data.

Total exports of natural rubber during April-December period of last year was also down by 51 per cent at 5,224 tonnes, against 10,782 tonnes in the same period previous year.

Production of natural rubber dropped by 5 per cent to 1,08,000 tonnes during December 2013 against 1,14,000 tonnes in the same month in 2012.

However, consumption of natural rubber rose to 79,500 tonnes in December last year from 78,420 tonnes in December 2012.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 07 2014 | 3:55 PM IST

Explore News