Compared to the start of the financial year, natural rubber of the RSS 5 and RSS 4 varieties, typically used for tyremaking, saw a surge of 26-35% in prices in just 4-5 months this year.
From around ₹1.5 lakh per tonne in January 2024, the price of natural rubber jumped to around ₹2.40 lakh per tonne by September, a rise of 60%, data from the Rubber Board and CRISIL Research showed.
This story is from the December 23, 2024 edition of Financial Express Delhi.
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This story is from the December 23, 2024 edition of Financial Express Delhi.
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