India's Oct natural rubber imports jump 63% — Rubber Board

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MUMBAI (Nov 27): India's natural rubber imports in October jumped 63% percent from a year ago to 62,047 tonnes, the state-run Rubber Board said on Tuesday, as local consumption surged amid drop in overseas prices.

The country's consumption jumped 14.6% to 102,000 tonnes in October, while production rose 8.1% to 67,000 tonnes, the Board said in a statement.

India imports natural rubber mainly from Thailand, Indonesia, Vietnam and Malaysia.