Synthetic rubber output up 27% in Feb

The production of synthetic rubber went up by 24.2% to 8,768 tonne in February against 7,055 tonne in the year-ago period, according to the latest Rubber Board data. Consumption grew by about 30% to 31,440 tonne in February 2010 over 24,210 tonne in the same month last year, on the back of high demand from auto tyre manufacturers.

Rice exports to B’desh

India has allowed exports of 100,000 tonnes of non-basmati rice to neighbouring Bangladesh, a government statement said on Tuesday, partially lifting a two-year year old ban. State-run trading firms State Trading Corp of India, MMTC Ltd, and PEC Ltd would supply the grain to Bangladesh, the Directorate General of Foreign Trade, an arm of the trade ministry, said on its website.

(financialexpress.com)