KOTTAYAM: Natural rubber production in the country was picking up and the production during April—July 2010 was 223250 tonnes compared with 209575 tonnes in the previous year, registering an increase of 6.5 per cent, according to Rubber Board chairman, M r Sajan peter.
The production in 2009—10 was reduced to 831400 tonnes from 864500 tonnes during 2008—09, showing a decline of 3.8 per cent mainly due to adverse weather conditions, growing stock of old plantations and intense harvesting in 2008, Peter said in a release today after his address in the 163rd meeting of Rubber Board here.
It is projected that rubber production in 2010—11 would be 893000 tonnes, he said. The consumption in 2009—10 increased from 871720 tonnes in 2008—09 to 930565 tonnes, an increase of 6.8 per cent while the projected consumption this fiscal is 978000 ton nes.
During April—July 2010 consumption rose to 307550 tonnes from 297850 tonnes of the same period of the previous year, projecting an increase of 3.3 per cent.
Consumption during the first quarter of the current fiscal in the automotive sector grew by 5.4 per cent while the non tyre sector recorded a marginal decline of 0.3 per cent.
Peter said as per the projections there would be a deficit of 85000 tonnes this year. However there would be no shortage in the domestic market as the opening stock in 2010—11 was 253975 tonnes.
(thehindubusinessline.com)
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