According to
sources [http://articles.economictimes.indiatimes.com/] natural rubber price is
falling in domestic market due to high rate of import and declining trends in
the price in international market. According to latest article published at Jul
16 in economictimes, commerce and industrial ministry Nirmala Sitharaman said “imports
of natural rubber during the January-June period of last year stood at 1.02
lakh tonnes.”
Actually the
reason behind the fall in price of natural rubber in domestic market is the
less demand and low price of natural rubber in international market.
The Govt. of
India committee they will review the whole issue and will make policy in favor of
rubber price and production.
No comments:
Post a Comment