Sri Lanka natural rubber industry
Sri Lanka natural rubber industry
The rubber plantation in the land did not give a reasonable production to be economically viable for tapping. The production cost of crape rubber was very high, leaving only one third of the income as a profit. This did not cover even the interest of the loan that I took from the bank to buy the land. I believed the rubber variety that has been planted in the Estate was a low yielding variety. The years of negligence at the early stage of plantations did not boost the healthy growth of the trees, and the trees became barren with very low yield. The Estate is on a rocky mountain with a thin layer of soil on the surface. This has further reduced the chances of root system of the trees to grow deeper to grow healthily. The constant rains in the area further reduced the monthly income. The average tapping days were reduced to 15 days in a month for last two years due to rain.
The rubber plantation in the land did not give a reasonable production to be economically viable for tapping. The production cost of crape rubber was very high, leaving only one third of the income as a profit. This did not cover even the interest of the loan that I took from the bank to buy the land. I believed the rubber variety that has been planted in the Estate was a low yielding variety. The years of negligence at the early stage of plantations did not boost the healthy growth of the trees, and the trees became barren with very low yield. The Estate is on a rocky mountain with a thin layer of soil on the surface. This has further reduced the chances of root system of the trees to grow deeper to grow healthily. The constant rains in the area further reduced the monthly income. The average tapping days were reduced to 15 days in a month for last two years due to rain.
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