India’s natural rubber imports dip 17%

Thursday, 13 September 2012 01:17 - - {{hitsCtrl.values.hits}}

MUMBAI (Reuters): India’s natural rubber imports in August fell 17 percent on year to 14,870 tons as tyre-makers reduced imports hoping local prices would fall, a senior government official, who declined to be named, told Reuters on Tuesday.

The world’s fourth-biggest producer imported 17,962 tons in August last year, he said.

India imports natural rubber from Malaysia, Thailand and Indonesia.

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