WORLD OUTPUT FALL MAY AUGUR WELL FOR INDIAN NR

摘要

Anticipated rise in global prices due to heavy natural rubber output fall in major producing country may curb its import to India. In turn it is likely to boost the domestic prices, according market experts Declining consumption has already led to nearly 14% drop in NR import to India in the first six months of 2019-20 compared wit11 the same period last year. Rubber Board, India, has projected a 17°/ drop in import year-on-year to 415,000 tonne for FY20.