May 23, 2017 / 9:16 AM / in 6 months

India's April rubber imports drop 31.5 pct y/y as output jumps-Board

MUMBAI, May 23 (Reuters) - India’s natural rubber imports in April fell 31.5 percent from a year ago to 23,665, the state-run Rubber Board said in a statement on Tuesday, as higher prices prompted farmers to increase tapping.

Production during the month surged 23 percent to 48,000 tonnes, while consumption rose 6.3 percent to 89,000 tonnes, it said.

The country imports natural rubber mainly from Thailand, Indonesia, Vietnam and Malaysia. (Reporting by Rajendra Jadhav; Editing by Sunil Nair)

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