Hit hard by the #COVID19 pandemic, non-tyre #rubber industry is facing problems like shortage of working capital, labour & lack of demand.
AIRIA president Vikram Makar talks about the ills that plague the rubber industry, in conversation with PK Krishnakumar 👇
https://www.moneycontrol.com/news/business/commodities/non-tyre-rubber-industry-faces-cost-raw-material-shipping-headwinds-airia-7661901.html?utm_source=telegram&utm_medium=social
AIRIA president Vikram Makar talks about the ills that plague the rubber industry, in conversation with PK Krishnakumar 👇
https://www.moneycontrol.com/news/business/commodities/non-tyre-rubber-industry-faces-cost-raw-material-shipping-headwinds-airia-7661901.html?utm_source=telegram&utm_medium=social
Moneycontrol
Non-tyre Rubber Industry Faces Cost, Raw Material, Shipping Headwinds: AIRIA
The segment was facing a pre-lockdown decline in business due to disruption of supply chains. The pandemic stopped cash flows, while migration of workers caused much distress.
Due to the decline in demand in the last few weeks, Natural #Rubber production in India may fall below target in FY22.
Read at 👇
https://www.moneycontrol.com/news/business/natural-rubber-production-in-the-country-may-fall-below-fy22-target-7981641.html?utm_source=telegram&utm_medium=social
Read at 👇
https://www.moneycontrol.com/news/business/natural-rubber-production-in-the-country-may-fall-below-fy22-target-7981641.html?utm_source=telegram&utm_medium=social
Moneycontrol
Natural rubber production in the country may fall below FY22 target
The going was good during initial months of the year. However, with heavy October-November rainfalls in Kerala, Omicron, and the cold wave in north-eastern states hitting demand, production will be below the FY22 target of 8 lakh tonne. Industry experts expect…
Sluggish production, #import hurdles and costly crude oil are driving up the prices of natural #rubber as the country heads for a lean season for the #commodity.
Read more 👇
https://www.moneycontrol.com/news/business/commodities/natural-rubber-prices-head-north-8244131.html?utm_source=telegram&utm_medium=social
Read more 👇
https://www.moneycontrol.com/news/business/commodities/natural-rubber-prices-head-north-8244131.html?utm_source=telegram&utm_medium=social
Moneycontrol
Natural rubber prices head north
Slow production, import hurdles and costly crude oil prime factors. Prices of tyre-grade variety RSS-4 have moved up by over 7% in a month to Rs 172/kg. The lean season in April and May, and the anticipated rise in demand could propel prices to Rs 180-190…