UPDATE 1-FOCUS-Tyre cos eye rubber plantations to drive past rough patch

Newswire

* Analysts say no plantations up for sale currently * Tyre cos such as Ceat moving towards profitable product mix * Analysts see limited headroom for price hikes (Adds local rubber output, consumption; edits final graph) By Aniruddha Basu and Sanjeev Choudhary MUMBAI, May 30 (Reuters) - Indian tyre makers are scouting for rubber plantations and devising a more profitable product mix in order to arrest the decline in margins, resulting from an unrelenting surge in rubber prices amid ...

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