Rising rubber imports worry planters
2 years, 3 months ago

Rising rubber imports worry planters

The Hindu  

Higher imports of compounded rubber in 2021-2022 has become a matter of concern for planters as they are impacting prices, according to UPASI. According to data available with United Planters’ Association of Southern India, 1.14 lakh tonnes of compounded rubber was imported in 2021-2022, which was 0.19 lakh tonnes higher than the previous year. Import of natural rubber was 5.82 lakh tonnes in 2018-2019 and crossed the five-lakh-tonne mark again in 2021-22 to touch 5.46 lakh tonnes. India produced 7.75 lakh tonnes of natural rubber in 2021-2022 compared with 7.15 lakh tonnes the previous year and consumed 12.38 lakh tonnes, which was 12.9 % higher compared with 2020-2021. Consumption of synthetic rubber was 7.23 lakh tonnes in 2021 which was higher than the 6.18 lakh tonnes consumed in 2020.

Lakh Tonnes Import Rubber Upasi Natural Rubber Compounded Rubber  import  lakh  tonnes  planters  compounded  rising  higher  worry  natural  20212022  imports  upasi  rubber

History of this topic

Synthetic Rubber Consumption Sees Faster Growth than Natural Rubber
4 weeks, 2 days ago

Synthetic Rubber Consumption Sees Faster Growth than Natural Rubber

Deccan Chronicle  

Chennai: Synthetic rubber consumption is growing faster than natural rubber as the price differential between the two has widened in the past few months and the commercial vehicles sales are moving slower. During the same period, synthetic rubber consumption went up by 11.5 per cent and that by auto tyre manufacturers was up by 13.5 per cent. In the case …

Govt hikes rubber sector support by 23% to ₹708 cr for next two years
10 months, 3 weeks ago

Govt hikes rubber sector support by 23% to ₹708 cr for next two years

Live Mint  

The government has increased financial package for the rubber sector by 23% to ₹708.69 crore from ₹576.41 crore for the next two years to enhance natural rubber production and productivity as well as reduce import dependency in the years to come, a senior official said on Monday. There are 1.3 million rubber growers in the country and Kerala accounts for …

Forest loss from SE Asia rubber is up to 3 times more than thought: study
1 year, 2 months ago

Forest loss from SE Asia rubber is up to 3 times more than thought: study

The Hindu  

Forest loss driven by rubber production in Southeast Asia could be two to three times higher than estimated, highlighting the challenges facing importers under pressure to find sustainable supplies, research showed on Wednesday. Increasing global rubber demand is adding to pressure on natural forests and driving biodiversity loss, with Southeast Asia, responsible for 90% of global production, bearing the brunt, …

Fortunes are stretching a bit too thin for rubber
2 years, 3 months ago

Fortunes are stretching a bit too thin for rubber

The Hindu  

It is a given that natural rubber has brought with it good fortunes to Kerala. Import glut, climate change, and finally the pandemic, have rattled the sector several times over the last couple of decades, sapping Kerala’s enthusiasm for the rubber crop. As per conventional estimates, about 11 lakh farmers are growing natural rubber in Kerala while the area of …

Campco urges government to buy rubber under minimum support price
2 years, 4 months ago

Campco urges government to buy rubber under minimum support price

The Hindu  

The Central Arecanut and Cocoa Marketing and Processing Cooperative has urged the State Government to buy rubber produced in Karnataka under minimum support price on the lines of the Kerala Government to save rubber farmers from price drop crisis. It has also urged Chief Minister Basavaraj Bommai to prevail upon the central government to impose a uniform import duty of …

First Chip Shortage and Now Rubber Deficit, Global Auto Makers Witness Production Disruption
3 years, 8 months ago

First Chip Shortage and Now Rubber Deficit, Global Auto Makers Witness Production Disruption

News 18  

While automakers across the globe are already witnessing a stiff shortage of crucial parts owing to the Covid-19 caused shutdowns, a new deficit of rubber supplies now stares at the segment. With the global supply chain taking a hit and countries like China resorting to stockpiling of components, the prices of rubber are ballooning. Renowned car manufacturers including Fiat, Ford …

Steps to address crisis in rubber sector: Minister
5 years, 3 months ago

Steps to address crisis in rubber sector: Minister

The Hindu  

September 30, 2019 11:51 pm | Updated 11:51 pm IST - KANNUR Minister for Industry and Commerce E.P. Jayarajan said steps would be taken to address the crisis in the rubber sector. Inaugurating the office of The Kannur Rubber Products Company at Clays and Ceramics Complex at Pappinissery here on Monday, the Minister said the government was implementing the programme …

As crisis grips plantation, planters seek minimum support price for coffee, tea
5 years, 4 months ago

As crisis grips plantation, planters seek minimum support price for coffee, tea

Deccan Chronicle  

CHENNAI: As a plethora of issues plague them, the beleaguered planters have urged the Centre to bring commodities such as tea, coffee and rubber under the ambit of minimum support price to bail them out of the prevailing crisis. In TN, which is mainly Arabica coffee producing region, the post monsoon production estimate of 2018-19 was placed at 17,765 MT, …

Tyre firms’ margins may fall by 1.5-2% after Kerala floods
6 years, 4 months ago

Tyre firms’ margins may fall by 1.5-2% after Kerala floods

Live Mint  

Mumbai: Margins of tyre companies are likely to fall by 1.5-2% between the second and third quarters of FY19 on rise in imports due to lack of natural rubber supply following the Kerala floods, according to a report. Domestic natural rubber production meets over 50% of the requirements of tyre companies in the country and Kerala accounts for close to …

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