Business Daily from THE HINDU group of publications
Wednesday, Aug 09, 2006

Cross Currency

Group Sites

Agri-Biz & Commodities - Rubber
Industry & Economy - Exports & Imports
Rubber exports up in Q1

Our Correspondent

Kottayam, Aug. 8

A total of 28,617 tonnes of rubber was exported during the first three months of the current financial year, said Mr Sajen Peter addressing the 156th meeting of the Rubber Board here. Last year 5,056 tonnes were exported during the same period.

So long as the difference between international and internal price is high, it is possible that the prices might firm up further.

As against 89,696 tonnes stock till 30 June last year it comes to only 64,000 tonnes this year.

The ever-increasing demand in China and Japan and the hike in petroleum products would propel the rubber prices in the international market. Rubber consumption continued to firm up in all countries except Malaysia. The global rubber consumption enhanced by 5.2 per cent and reached 87.8 lakh tonnes.

More Stories on : Rubber | Exports & Imports

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
NMCE to start online spot exchanges in Rajasthan

Urad futures rise on fears of damage to crop
Flooded tracts may fuel rain from new bay system
All shine, no rain
Maharashtra rains hit vegetable, fruit arrivals
Rubber exports up in Q1
Mixed trend in spot rubber
Water levels satisfactory in majority of reservoirs
Pepper futures slide further
Increasing demand
Cardamom auctions set to resume

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line