Rubber board projects production-consumption gap at a historic high

It may be noted, in the last five years, the gap has increased from 60,000 tonnes

The tyre industry has once again expressed concern over the widening imbalance between domestic production and consumption of natural rubber. This comes after Rubber Board’s recent projections show the production-consumption gap of 470,000 tonnes for 2018-19. It may be noted that in the last five years, the gap has increased from 60,000 tonnes.

While Rubber Board officials were not available for comment immediately, the Automotive Tyre Manufacturers Association (ATMA) has stated that natural rubber production-consumption gap of 470,000 tonnes projected in 2018-19 is a historic high and domestic natural rubber availability scenario is getting dimmer.

From a shortfall of 60,000