Rubber

Natural Rubber is an elastic polymeric substance made from the latex of Hevea Brasiliensis trees. The latex is collected by the process of tapping the plant and is refined and converted into storable and commercial form. The plantation would start yielding from 6th year onwards, with an economic life of 32 years.
Worldwide consumption for natural rubber has increased steadily in the recent decade and the Asian story continues to drive demand for the raw material. Thailand, Indonesia, India, China, Malaysia, Vietnam are the major producers of rubber.
India’s stands at sixth place in the production of natural rubber and second place in world consumption. Even though the total consumption in the country exceeds production, India manages to export natural rubber as and when there is a price gap between the international market and the domestic market.
Around 50-60 % of the global rubber production is used by the tyre manufacturing sector. In this sector, natural or synthetic rubber cannot be used individually and has to be blended.
Rubber caters to a spectrum of diverse industries like automobile, aeronautics, electrical and electronics, materials handling, health care, power transmission and has a host of other applications.

^* Disclaimer: The users are also advised to refer to latest circular issued by the Exchange.

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