The main reason for the surplus stock of
natural rubber in the market with the support of Indian Rubber Board
visible in the previous Indian Rubber Statistics. From 1st April 1996 a
+Ve missing shown in statistics up to 31st March 2002 was a quantity of
38398 Tonnes above the published figures which is
adjusted through shared annual missing. The visible high market stock
was a reason for lower prices. It happened due to the application of stimulant
(Ethephon) recommended by the Rubber Board to reduce production cost
and to increase production through a tapping system with an interval of
seven days between two tapping days. The farmers were happy by
increasing tripping rate and availability of high production. But the
annual income to the farmers decreased through lower prices for a long
period. As a result of high production ?brown bast?
occurred in many rubber trees after three years of continues
application. The figures published as month end stock was a manipulated
one.
From April 2002 onwards the -Ve missing was 36228
Tonnes up to March 2008, because the expected out put is not visible
in the production of raw rubber. The reason for the shortage is due to
the earlier application of stimulant (Ethephon). Many of the Rubber
Trees are diseased ?brown bast? and production went to lower level. The
effect of climatic changes due to Global warming and fever for work
force also became a reason for reduced production for the year 2007-08.
To control the price below International market price Rubber Board
published month end stock higher than actual stock through -Ve missing.
In the monthly rubber statistics published by Rubber Board with figures
for market price to 60% drc latex for dry rubber content, but daily
prices, stock and export are calculated with 40% content other than
rubber to show high productivity and to support exporters. Export and
import wise-versa is another game. Maximum import are carried out under
0% import duty and export are with an exemption of cess and Value Added
Tax. These export and import are a reason for economic loss to Central
and State Govts.
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