No NR shortage likely in India: Rubber Board

摘要

Rubber Board, India, estimates that the production and consumption of NR in India in 2012-13 will be around 942,000 tonnes and 1,006,000 tonnes respectively. Thus the production-consumption balance indicates a deficit of 64,000 tonnes. However, there will not be any shortage of NR in the domestic market in 2012-13, as the projected opening stock of NR in April 2012 is 230,000 tonnes and as the rubber consuming industry has entitlement to import more than 100,000 tonnes of NR through duty free channels, the Board says.