Saturday, October 25, 2008

Rubber Export As Part Of The Attempts Ensure A Stable - Oct 25, 2008

Kottayam: To assure price stability, permanent rubber export is indispensable, said Rubber Board. The meeting of the rubber exporters convened at the Boards headquarters at Kottayam to adopt necessary measures for rubber export as part of the attempts to ensure a stable price for the commodity. Due to the unexpected changes in climate, rubber production is likely to slow down at the global level and therefore. The meeting fully supported the measures taken for export.

Though it was convened with a view to increase exports at a time the world price was ruling above the indigenous price, subsequent developments proved that the difference in both the prices had narrowed down and therefore, the meeting assessed that the export was not practical.

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