The Rubber Board has convened a meeting of exporters on March 15, 2024 to explore opportunities for export as the price of natural rubber has climbed steeply in less than a week, widening the price gap between the domestic and international markets.
According to rubber dealers in Kottayam, the price of rubber in Bangkok has gone up to more than ₹211 a kg, while the domestic price is ₹174.
“The difference is a big incentive for exports,” said George Valy, president of Indian Rubber Dealers’ Federation.
