bearish
Indian Rubber Board Announces Export Incentive; Prices Spurt
3 Views21 Mar 2024 11:17
Responding to the country's rubber producers' call in the past few weeks to export rubber to reap the benefits of higher global NR prices, the Indian Rubber Board has announced an incentive of INR 5/kg for the export of sheet rubber.
What is covered in the Full Insight:
- Export Incentive Announcement
- Immediate Impact on Domestic Prices
- Global Market Influence
- Challenges in Exporting
- Smallholders' Reaction
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