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Agri-Biz & Commodities - Rubber


Minister backs rubber planters

Our Bureau

Chennai, June 19

The Union Minister of State for Commerce, Mr Jairam Ramesh, said here recently that rubber planters are seeing remunerative prices only this year and they had a terrible time in the last five years.

Responding to the demand of the user industry — mainly tyre manufacturers — to ban rubber exports, Mr Ramesh said he was "instinctively opposed to any physical ban on exports."

On exports, the Minister said in 2005-06, only 8 per cent produced in the country — 73,000 tonnes out of a production of about 7,75,000 tonnes — was exported.

On the other hand, the country imported 45,000 tonnes.

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Minister backs rubber planters


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