India's Jan natural rubber imports down 18pc y/y

MUMBAI: India's natural rubber imports in January fell 18 percent from a year earlier to 23,672 tonnes as tyre makers reduced overseas buying after prices in the local market fell sharply, the state-run Rubber Board said in a statement on Monday.

Output during the month eased to 97,000 tonnes from 102,500 tonnes from a year earlier, it said.

India, which is the world's fourth-biggest producer, imports natural rubber from Malaysia, Thailand and Indonesia.