Question : PRICE OF NATURAL RUBBER



(a) the total production of natural rubber in the country during each of the last three years and the current year;

(b) the quantity of rubber imported during the said period;

(c) whether price of natural rubber has declined;

(d) if so, whether such decline in price of rubber has affected the domestic growers/ farmers; and

(e) if so, the corrective measures taken by the Government to help the affected farmers?

Answer given by the minister


MINISTER OF COMMERCE AND INDUSTRY(SHRI KAMAL NATH)

a)to e): A Statement is laid on the Table of the House.

STATEMENT REFERRED TO IN REPLY TO PARTS (a) TO (e) OF LOK SABHA STARRED QUESTION NO. 34 FOR ANSWER ON 17TH FEBRUARY 2009 REGARDING “ PRICE OF NATURAL RUBBER”

(a) & (b) : The details of total production and import of natural rubber in the country during each of the last three years and the current year are as under:-


Year Production (tonnes) Import (tonnes)

2005-06 802625 45285

2006-07 852895 89799

2007-08 825345 86394

2008-09 763080p 69326 p

(April 2008 to January 2009)

p-Provisional.

(c), (d) and (e) : Yes, Sir. Though rubber prices declined sharply from mid-September,2008, the average domestic price of Ribbed Smoked Sheet-4 (RSS-4 ) grade of Natural Rubber for the period from April, 2008 to January, 2009 was Rs 106.86 per kg., which is more than the average annual price of natural rubber in the domestic market in 2006-07 (Rs 92.04/kg) and 2007-08( Rs 90.85/kg). Group approach is promoted in processing and marketing of rubber. Temporary suspension of futures trading has been withdrawn with effect from 01.12.2008. The developments in the domestic and world rubber markets are monitored on a regular basis.