Production of natural rubber(NR) in the country increased during November'03 to 85325 tonnes as compared to the production of 75410 tonnes during November'02. The total production during April'03 to November'03 was 470440 tonnes, higher by 11.9 percent over the production of 420260 tonnes during the same period last year. The production provisionally estimated for December'03 is 88000 tonnes.
There was an increase in consumption of NR during November'03 to 61405 tonnes from 58325 tonnes during October'03. The Indian rubber goods industry consumed 475195 tonnes during April'03 to November'03 as against 458110 tonnes during the same period of thelast year registering an increawe of 3.7 percent. The tyre sector has shown an increase of 6.7 percent during the first eight months of the current year, while the non-tyre sector attained only a marginal increase of 0.7 percent. The provisional estimate of the consumption of NR during December'03 is 63000 tonnes.
India imported 538 tonnes of NR during November'03 as against 317 tonnes during November'02. The total import of NR during April'03 to November'03 was 27690 tonnes as against 13178 tonnes during the same period of the last year. The export of NR during November'03 was 10815 tonnes as compared to 5872 tonnes during November'02. The total export of NR during the first eight months of the current year was 39046 tonnes compared to 33325 tonnes during the same period of the last year. The total stock of NR at the end of November'03 was 103040 tonnes.
The production of synthetic rubber(SR) increased to 7773 tonnes during November'03 as against 6954 tonnes during October'03. The production of SR during April,03 to November,03 was 56316 tonnes as against 51709 tonnes during the same period of the last fiscal. The consumption of SR increased to 18355 tonnes during November'03 as againstb17540 tonnes during October'03. The cumulative consumption of SR during the first eight months of the current year was 136730 tonnes as against 129550 tonnes at a growth of 5.5 percent.
The trend in the prices of different grades of NR at Kottayam market for the period from January 2003 to January 2004 is given below.