Thursday, 28 April 2011
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'Rubber to turn surplus by 2012'
The new chairman of Rubber Board , Sheela Thomas, has assumed charge at a time when rubber prices are at a historic high. The average domestic price of rubber stood at Rs 190.03 per kg in 2010-11 compared to Rs 114.98 per kg in the previous year. However, availability of rubber in the market has remained quite low throughout the year. Trade and industry bodies have questioned the stock estimates
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