Date Published: 21/07/05

OPINION

My opinion about NR

Indian Rubber Statistics is changing the details of export and import like a chameleon. Thus the maintenance of this site is more expensive.

    Stock at the end of March 2005 with Dealers, Processors, Auto tyre units & Other manufacturing units was 106200 tonnes and Missing was -11051 tonnes. At that time stock with growers was 26475 tonnes.  The export and import are going on. Imports are  by few manufacturers against small scale industries and small cultivators. The smuggling through the border of the State for tax evasion is less due to VAT.  Price of rubber will not fall down because the price of crude oil available in higher rates which will effect on synthetic rubber. Small scale industries are not getting any support or concessions in price. The supply and demand in India is equal to avoid subsidised export below International price to the producing Countries and import vice versa below Kottayam market price. The export to the producing Countries are to help few manufacturers for import with a heavy profit. Eg. Export  was 46169 tonnes and import 68718 tonnes which is an economic loss to the Nation by grading exploitation, Subsidy, Cess, Excemption of tax etc. Now the International Price of Rs. 9/Kg higher than Kottayam Market Price. Thus farmers can hold rubber with out any worries.

Is it favorable to small scale industries and small growers?   

The exporters will get a margin of benifit Rs. 15,000/quintal. Indian Rubber Board is in favor of Big Industries and against farmers. Thus published missing of Synthetic Rubber up to 40,834 Tonnes below actual stock.