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India Apr-Jan synthetic rubber output up 1.7 pct

MUMBAI, April 30 (Reuters) - Indian synthetic rubber output rose 1.7 percent during April-January, but higher consumption by the tyre makers boosted imports, according to the latest data from Rubber Board.

Total production during the period was 84,647 tonnes, against 83,224 tonnes a year ago, data showed.

Consumption rose 9.7 percent to 247,465 tonnes, while demand from the automotive tyre sector grew 12.2 percent to 159,774 tonnes.

Tyre makers account for more than 60 percent of the domestic consumption.

Higher consumption pushed up imports, which rose 13.1 percent to 160,830 tonnes in April-Jan.

Total synthetic rubber stocks stood at 24,505 tonnes at the end of January.

Natural rubber is tapped from trees, while synthetic rubber is man-made and produced from petroleum products. (Reporting by Debiprasad Nayak, editing by Harish Nambiar)

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