Production of natural rubber(NR) in the country increased to 71290 tonnes during October'03 compared to 63215 tonnes during October'02. The cumulative production during April'03 to October'03 was 385115 tonnes, registering an increase of 11.7 percent from the corresponding period of the last year. The production provisionally estimated for November'03 is 85000 tonnes.
Consumption of NR by the rubber goods manufacturing industry in the country decreased to 58325 tonnes during October'03 from 60310 tonnes during September'03. However the total NR consumption during April'03 to October'03 which was 413790 tonnes, was higher by 3.5 percent as compared to the corresponding period of the previous year.During the first seven months of the current year, the auto tyre sector registered an increase of 5.7 percent whereas the general rubber goods manufacturing units attained a growth of 1.3 percent. The provisional estimate of the consumption of NR during November'03 is 61000 tonnes.
India imported 1622 tonnes of NR during October'03 as against 818 tonnes during October'02. The total import of NR dring April'03 to October'03 was 27152 tonnes as against 12861 tonnes during the same period of the last year. The export of NR during October'03 was 8232 tonnes as compared to 6814 tonnes during October'02. The total export of NR during the first seven months of the current year was 28231 tonnes compared to 27453 tonnes during the same period of the last year. The total stock of NR at the end of October'03 was 89395 tonnes.
The production of synthetic rubber(SR) decreased to 6954 tonnes during October'03 as against 8402 tonnes during September'03. The production of SR during April'03 to October'03 was 48543 tonnes as against 45339 tonnes during the same period of the last fiscal. The consumption of SR slightly decreased to 17540 tonnes during October'03 as against 17625 tonnes during September'03. The cumulative consumption of SR during the first seven months of the current year was
118375 tonnes as against 112390 tonnes at a growth of 5.3 percent.
The trend in the prices of different grades of NR at Kottayam market for the period from December'02 to December'03 is given in the table below.