Vietnam becomes third largest NR producer

According to the Association of Natural Rubber Producing Countries (ANRPC), among the top 9 producers, India has slipped down to fifth spot in production of natural rubber, in 2013. In 2012, India was on the fourth place after Thailand, Indonesia and Malaysia. India's position could have been much weaker, but a sharp fall in Malaysian natural rubber production saved India to stay at the fifth position. The natural rubber productivity of India, which was 1867 kg/Ha in 2008-09 has been reckoned at 1813 kg/Ha for 2012-13.

Today, the benchmark RSS4 grade rubber closed at `.148.50 a kg at Kottayam, while RSS3 grade closed at `.136.10 a kg at Bangkok and Malaysian SMR20 closed at `.116.26 a kg. On Tokyo Commodity Exchange, March 2014 futures series closed at ¥223.1 a kg, April at ¥224.3, May at ¥226.8, June at ¥226.8, July at ¥225.3 and the contract for delivery in August 2014 closed at ¥224.7 a kg. On National Multi Commodity Exchange, March 2014 futures closed at `.147.10 a kg, April at `.151.23, May at `.154.11, and June at `.155.91 a kg.

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