NEW DELHI: India's natural rubber production increased by nearly six per cent to 54,500 tonnes during the last month, according to Rubber Board data released today.
The country had produced 51,500 tonnes of natural rubber in February 2010.
The consumption increased to 79,000 tonnes in February 2011 from 76,350 tonnes in the year-ago period.
While the import of natural rubber fell to 6,831 tonnes from 12,278 tonnes, the export increased to 6,523 tonnes from 5,556 tonnes during the period under review.
In the first 11 months of the current fiscal, natural rubber production has increased by three per cent to 8.04 lakh tonnes and consumption rose by 1.9 per cent to 8.68 lakh tonnes.
Imports and exports went up during April-February period of 2010-11 compared to the corresponding period of the previous fiscal.
Natural rubber's imports advanced to 1.71 lakh tonnes from 1.
(Source: http://expressbuzz.com/finance/natural-rubber-production-up-by-6-in-feb/254760.html)
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