Natural Rubber

Rubber Board Chairman has said that to meet the natural rubber requirement of 15 lakh tonnes by 2025-26, there is an urgent need to increase the area under rubber cultivation on a war footing

The official also said rubber futures contracts will be available for compulsory delivery for investors who are keen to trade in rubber quality of ''Ribbed Smoked Sheets4'' for a minimum lot size of 1

Plan to be ready for demand whenever lockdown ends, though manpower crunch is still an issue

Production of natural rubber (NR) during the month of May 2017 shows an increase of around 8.7 per cent as compared to that during the same period last year. Production during May 2017 is 50,000 tonnes whereas it was 46,000 tonnes in May 2016. According to Rubber Board data, production in the first two months of the current fiscal was around 98,000 tonnes against 85,000 tonnes, a year ago an increase of 15.3 percent.Board is anticipating production for the current year is around 8 lakh tonnes.Rubber Board is continuing its activities to make rubber cultivation remunerative by increasing production and productivity and reducing cost of cultivation and production. The Board has been implementing several activities at regional and field levels, with the active cooperation of Rubber Producer's Societies (RPSs).The annual mass contact programme of the Rubber Board this year was aimed at total excellence of the plantations.There were about 50,000 participants in 800 meetings conducted at ...

Officials attributed the increase to the improved market price, initiatives like mass contact programmes