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Synthetic rubber consumption by India's auto industry dips 5%

December 28/2011

(commodityonline) -- The consumption of synthetic Rubber by the India's auto tyre industry declined by 5% to 24,010 tonnes in September 2011 against 25,323 tonnes same period last year, according to data provided by Rubber Board.

While, India's auto tyre industry consumed 1,54,887 tonnes in April-Sept 2011 as against 1,44,126 ton in the same period of the previous year.

India's synthetic rubber output fell by 10% to 8,421 tonnes in September 2011, while consumption declined by 3 per cent to 33,510 tonnes. While, the production was 9,320 tonnes and consumption at 34,480 tonnnes during 2010-11, reported PTI.

The Indian auto tyre industry consumed 1,54,887 tonnes in April-September 2011 as against 1,44,126 tonnes in the same period of the previous year.

Meanwhile, the total imports in April-September in this fiscal rose to 1,73,490 tonnes from 1,51,435 tonne in the same period last fiscal.


Synthetic Rubber is the raw material used to manufacture auto tyres.

 

mrcplast.com

Author:Marina Ivanova
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Category:General News
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