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India Raises Customs Tariff on Compounded Rubber to 25%: A Futile Policy Intervention

India Raises Customs Tariff on Compounded Rubber to 25%: A Futile Policy Intervention

by whatnextrubber | Feb 2, 2023 | Uncategorized

India raised its rate of import duty (Customs tax) on Compounded Rubber (HS 400510, 400591 and 400599) bringing parity with that on natural rubber (HS 400121, 400122 and 400129). As per the Union Budget proposals presented to the Parliament on 1 Feb 2023, the new MFN...
China’s rubber imports jumped 14.5% to 464,000 tons in August. Jan-Aug imports are up 8.9% at 3.55 million tons

China’s rubber imports jumped 14.5% to 464,000 tons in August. Jan-Aug imports are up 8.9% at 3.55 million tons

by whatnextrubber | Sep 23, 2022 | Market Insights by Jom Jacob

China posted a 14.5% jump in the quantity of natural rubber (Including mixture and compounds) imported into the country during August 2022 compared with the same month a year ago. Please have a look at the quantity of different forms of NR imported during the month of...

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