Market Dynamics
December natural rubber imports jump 46% on year in India
Time: 2014-01-22 Source from: indiatimes.com
Natural rubber imports in December jumped 46% to 26,853 tonnes from a year earlier, the state-run Rubber Board said on Tuesday, as tyre markers increased purchases from overseas to gain from lower prices.
The country's output in the month eased 5.3% on year to 108,000 tonnes, the board said in a statement.
India, the world's fourth-biggest producer of natural rubber, imports from Malaysia, Thailand and Indonesia.