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Monday, June 27, 2011

Rubber production dips in March, April

Indunil Hewage

The total rubber production and the export volume saw a marked decrease in March and April in comparison to January and February.

According to the Rubber Development Department figures, total rubber production in March and April recorded 14408293 Kg and 13136293 Kg respectively as against 14728776 Kg and 15203690 Kg recorded in January and February respectively.

Total rubber export volume in March and April 2011 were 4646641 Kg and 3864918 Kg respectively over 4821377 Kg and 4883039 Kg in January and February 2011 respectively.

According to the recently held Colombo Rubber Auction, the average price of one Kilogram of Latex Crepe 1,2,3 and 4 posted Rs 658, Rs 631, Rs 575, Rs 514 respectively. SC.CR 1X(BR), SC.CR 3X(BR), SC.CR 4X (BR) and skim crepe were Rs 492, Rs 455, Rs 442 and Rs 435 respectively.
source - www.dailynews.lk