RUBBER GROWERS
Tyre makers facing severe crunch in domestic natural rubber availability: ATMA
Tyre industry, prioritizing global requirements, faces challenges due to the uncertain visibility of natural rubber availability. ATMA emphasizes the importance of addressing this issue to ensure uninterrupted production processes in a customer-centric approach.
Kerala: Rubber Board announces incentive of Rs 5 per kg for rubber sheet exports
According to sources within the Rubber Board, this initiative is expected to benefit farmers significantly, as the policy is anticipated to drive up the prices of natural rubber by promoting exports of the product.
Tripura Chief Minister Manik Saha laid the foundation stone of state’s first tea auction centre
After laying the foundation stone of the proposed tea auction center, the Chief Minister said on the X: “A leap towards development of tea industry in Tripura. Today laid the foundation stone of Agartala Tea e-Auction Centre was laid at Gurkhabasti complex. This will largely benefit the tea growers of the State & take Tripura tea to new heights”
INROAD project converts nearly 70,000 hectares into natural rubber plantations in northeast in three years
In tune with the spirit of 'Atmanirbhar Bharat’, INROAD (Indian Natural Rubber Operations for Assisted Development), a project for supporting development of 2 Lakh hectares of rubber plantations in North East is being undertaken under the Ministry of Commerce & Industry.
Govt not considering cut in import duty on rubber: Official
The government maintains the differential between local and international prices, and is not considering any cut in import duty on rubber. The duty on import of dry rubber was increased, and port entry for import of natural rubber has been restricted.
Deflationary risks in China put India's rubber industry on wobbly grounds
Adapting to global price shifts is not new to the domestic rubber industry. But when one of the world’s biggest suppliers skirts with deflation, it is time to be prepared for uncertainty.
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Draft rubber bill proposes one-time registration, removal of some archaic provisions
The commerce ministry has proposed the repeal of decades-old laws on rubber and introduced new legislation that seeks to address the challenges faced by the sector and remove some of the archaic provisions of present law to create a conducive environment for businesses.
Commerce ministry proposes repeal of decades-old tea, coffee, spices, rubber Acts
The ministry has sought views of the stakeholders on the drafts of Spices (Promotion and Development) Bill, 2022; Rubber (Promotion and Development) Bill, 2022; Coffee (Promotion and Development) Bill, 2022; Tea (Promotion and Development) Bill, 2022.
Northeast Frontier Railway has started transportation of rubber sheets and products from Tripura
Tripura exported more than 53000 tonnes of rubber during the financial year 2020-21 to places like Jalandhar, Ludhiana and Delhi. Transportation normally takes place through road sector.
Arunachal Pradesh Deputy CM, Chowna Mein urged Rubber Board of India to revive the rubber plantations in the State
He urged the Rubber Board to made subsidy available to the farmers and increase their activities by conducting workshops for the people in order to restore the lost confidence amongst the people on Rubber cultivation.
MCX enters futures trading in natural rubber
Pegged at a minimum initial margin of 10 per cent, the price to be quoted will be for 100 kg as per the ex-warehouse rates, exclusive of sales/GST with delivery centre at Palakkad, Kerala.
MCX gets Sebi approval to launch rubber futures contracts
The exchange will launch the rubber futures at the earliest as this product holds special significance for market participants given the huge market size for natural rubber in India in terms of production and imports, the official said.
Rubber slumps on weak demand, stock pile-up
At the Indian Commodity Exchange(Icex), April contract for delivery was marginally lower at Rs 117/ kg with just 20 lots of outstanding open interest.
Despite muted demand, rubber prices remain steady
The price of sheet rubber was around ₹135 per kg last week despite low availability
Rubber rises 9% despite demand dive
Industry executives said there was a slowdown in production, contrary to the figures projected by the Rubber Board.
Weak tapping, global rally lift domestic rubber price
Price of sheet rubber variety RSS-4 used in tyre now at Rs 130.50/kg.
Global natural rubber output fall may impact import to India
Rubber Board has projected a 17 per cent drop in import year-on-year to 415,000 tonne for FY20.
Rubber stakeholders plead for additional fund to Rubber Board
The small growers comprising 90% of the total growers have been adversely affected by the crisis.
Rubber growers plan to make value-added products
Rubber growers themselves can provide a good market, said Mathew.
Natural rubber rallies, but growers aren’t tapping into it
Last year, poor tapping during rainy season had led to a shortfall in production.
Nutmeg is the new rubber: Price drop upsets Kerala growers
Exports of nutmeg, a popular seasoning used in sweet and meat dishes worldwide, rose 25% year-on-year in 201617 to 5,070 tonnes in volume and Rs 236.41 crore in value.
IRGA calls for implementation of parliamentary committee report on rubber
In a representation to parliamentary standing committee, it said that the import of NR should be suspended during the peak season of August to March.
Rubber growers association opposes move to import rubber under TRQ
Any move to reduce the import duty further will bring down the price and production sharply, said association general secretary Siby J Monippally.
Rubber growers to raise tapping in hope of higher prices this year
Indian rubber growers are getting ready to raise tapping activity after a disastrous year which saw prices plunge to a nineyear low.
Price fall: Rubber growers association seeks support of Centre
With the natural rubber prices plunging to Rs 95 per kg, an eight year low, the Indian Rubber Growers Association has requested the intervention of the Centre in arresting the fall.
Rubber production up 8 per cent, claims rubber board but growers differ
The overall rubber output for five months to August continues to be short by 11 per cent than a year earlier, while the consumption was down by only 2 per cent for the period
'Govt needs to regulate rubber import to help local growers'
A Parliamentary panel asked the government to regulate imports of natural rubber to protect domestic growers and arrest steep fall in prices.
Rahul Gandhi to visit Kerala; meet fishermen, rubber growers
After running a campaign against the Modi government on land bill issue, he accused them of going against the interests of fishermen also.
Purchase tax sop not helpful, say rubber growers
The purchase tax exemption given to all grades of rubber by the Kerala govt has squeezed the income of growers instead of benefitting them.
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