Commodities

Rubber consumers demand study on stock situation

Our Bureau Kochi | Updated on November 24, 2017 Published on June 03, 2014

Natural rubber consumers have urged the Rubber Board to conduct an independent study to estimate the stock situation, considering the paucity of the commodity.

In a communication to the Rubber Board, the consumers said that the domestic availability of the commodity has taken a turn for the worse this financial year.

Non-availability of rubber in markets in recent times has added to the woes of consumers especially small and medium enterprises, said Niraj Thakkar, President of All India Rubber Industries Association (AIRIA).

The Automotive Tyre Manufacturers Association (ATMA) said that non-availability is playing havoc with the production schedules of tyre companies. While tyre companies have started importing rubber to meet the deficit, the local availability is far lower than anticipated in the current fiscal.

Published on June 03, 2014
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