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BUZZ-India's 2017 rubber imports seen up 17 pct y/y to 350,000 T - traders
March 22, 2017 / 8:47 AM / 6 months ago

BUZZ-India's 2017 rubber imports seen up 17 pct y/y to 350,000 T - traders

SINGAPORE, March 22 (Reuters) - ** India’s natural rubber imports are expected to climb by nearly 17 pct to 350,000 tonnes this year from 300,000 tonnes shipped in 2016, traders say

** “Indian demand is rising rapidly and the production has also not recovered fully after drought,” said a trader on the sidelines of an industry event in Singapore

** A second trader said there were quality issues with Indian rubber. “Tyre manufacturers want a certain quality which is lacking,” the trader adds

** India consumes around 1 mln tonnes of rubber - traders (Reporting by Naveen Thukral)

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