NEW DELHI (Commodity Online): The consumption of synthetic rubber by the India's auto tyre industry declined by 5% to 24,010 tons in September 2011 against 25,323 tons same period last year, according to data provided by Rubber Board.
While, India's auto tyre industry consumed 1,54,887 tons in April-Sept 2011 as against 1,44,126 ton in the same period of the previous year.
India's synthetic rubber output fell by 10% to 8,421 tons in September 2011, while consumption declined by 3 per cent to 33,510 tons. while, the production was 9,320 tons and consumption at 34,480 ton during 2010-11, reported PTI.
The Indian auto tyre industry consumed 1,54,887 ton in April-September 2011 as against 1,44,126 tonne in the same period of the previous year.
Meanwhile, the total imports in April-September in this fiscal rose to 1,73,490 tonnes from 1,51,435 tonne in the same period last fiscal.
Synthetic rubber is the raw material used to manufacture auto tyres.
