China pays slighty lower latex price

The price of natural rubber exported to mainland China has decreased by roughly 1,000 yuan (US$ 155) to 31,000 yuan ($4812) per tonne against early July, according to the Viet Nam Rubber Association.

The decrease has been attributed to an excess supply of rubber at Viet Nam-China border areas and Viet Nam having increased its shipments to China as prices hit 32,000 yuan ($4967).

 

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Posted by VBN on Jul 30 2011. Filed under Rubber & Plastic. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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