India’s natural rubber output in January dropped by a third from a year earlier to 60,000 tonnes as some farmers curtailed tapping due to lower prices, the state-run Rubber Board said recently.
The consumption during the month rose 0.8 % on year to 84,000 tonnes, prompting tyre makers to increase imports by 11% to 30,441 tonnes, the board said in a statement.
The South Asian country imports natural rubber from Indonesia, Thailand, Vietnam and Malaysia.