Output of India's NR September Increased by 4.3%

By Anant Thawatchaipracha

According to Dow Jones, Indian Rubber Board said natural rubber (NR) production of India increased from 74,300 metric tons in an earlier September to 77,500 tons in September 2010, or up 4.3% due to favorable weather conditions. IRCo is of the opinion that the following comparative figures between September 2010 and an earlier September provided by Dow Jones does not give any directives on the the rubber industry because there were no accumulated figures as at end September this year and the last year.

Rubber	Sept 2010	Sept 2009
Production	77,500	74,300
Consumption	78,000	78,765
Import	28,720	18,612
Stocks	268,065	209,240
Remark: all numbers expressed in metric tones

 (Irco.biz)