INDIA’s consumption of synthetic rubber (SR) increased by 6% to 2.26 lakh tonnes in the first half of this fiscal year, according the Rubber Board.
Along with this, production also marginally went up to 54,778 tonnes during the period.
In April to September 2011-2012 fiscal, India’s SR consumption was at 2.13 lakh tonnes whilst the output stood was at 54,750 tonnes during the same period.
SR usage by the auto tyre industry rose by 8% to 1.67 lakh tonnes during the period whilst imports of SR fell by 3% to 1.69 lakh tonnes from 1.75 lakh tonnes.
The production of synthetic rubber, however, declined to 7,934 tonnes in September 2012 as compared to 8,421 tonnes.
India imported 31,265 tonnes of the commodity in September , 2012 , a little more than the 26,760 tonnes import during the same period in the previous year.(RJA)
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