Sunday, 22 May 2011

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Rubber prices may dip by 11 pc from May-end: Experts

  • Sunday, 22 May 2011
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  • New Delhi, May 22 (PTI) Rubber, used in tyre and other industries, is expected to get cheaper by 11 per cent from May-end onwards on expectation of higher domestic output and cheaper imports. Rubber prices, which are currently ruling at Rs 222 per kg, are likely to decline further to Rs 200 per kg from May-end, say industry experts. Spot rubber prices have been sliding since April 25. "Rubber



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