India's Jul-Sept rubber imports set to rise 50 pct y/y -industry

Newswire

* Heavy rainfall trims local output, lifts prices * Tyre makers raise purchases of cheaper overseas rubber * Domestic supplies seen tight until October on monsoon rains By Rajendra Jadhav MUMBAI, July 26 (Reuters) - India's natural rubber imports are likely to jump by 50 percent July-September from a year ago as excess rainfall slashes production and boosts local prices, said the head of an industry body, forcing tyre makers to ...

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