China accounts for 60% of Vietnam’s rubber export in 10 mths China is the largest natural rubber export market of Vietnam during the first 10 months of this year, the Saigon Economic Times reported. Traders exported over 352,000 tonne of rubber to China for nearly $1.5 billion in the period, accounting for 58-59% in terms [...]
There are thousands of tons of natural rubber blocked up at the Mong Cai border gate as China requested their importers to switch to official import system. As the result, the natural rubber import- export activities at Luc Lam-La Phu gate were sluggish during last week with only 100-200 tons traded each day, the Center [...]
Rubber price towards the end of the year will still be above $4,000 per tonne despite continuous drops in price caused by the lower demand in China as Vietnam’s biggest rubber importer, according to Vietnam Rubber Association (VRA). Tran Thi Thuy Hoa, general secretary of VRA, told the Daily on Monday that Thailand has decided [...]
Vietnam expects to export 820,000 tonnes of rubber worth more than US$3.6 billion this year compared to last year’s US$2.3 billion, according to the Ministry of Agriculture and Rural Development (MARD). The country shipped around 80,000 tonnes of rubber in September, earning US$342 million and raising the total rubber export in the past nine months [...]
For the last two weeks, Vietnamese rubber exporters cannot sell any kilos of rubber latex to China through the cross-border market. Le Van Xuong, Chief Representative of the Quang Ninh-based Binh Long MTV Rubber Company, confirmed that the rubber trade activities between Chinese businessmen and Vietnamese enterprises remained frozen. Chinese stop purchases to force prices [...]
Vietnam exported 454,000 tonnes of rubber in the first eight months of the year, earning US$1,959 billion, according to the Vietnam Rubber Association. On average rubber was sold at US$4,315 per tonne, up by 58 percent from a year earlier. In August alone, 85,000 tonnes of rubber worth US$356 million were exported at the price [...]
Vietnam is well known in the world as the fourth biggest rubber exporter. However, its businesses usually complain that they lack rubber materials for their production. The natural rubber latex prices have been going up and down so far this year. Meanwhile, rubber export turnover in the first six months of the year was still [...]
Rubber exports are expected to total about 830,000 in 2011, earning over US$3 billion, with annual output projected to increase by 4 per cent, according to the Viet Nam Rubber Association (VRA). Nguyen Viet Chien, director of the Centre for Information and Statistics under the Ministry of Agriculture and Rural Development, said rubber exports in [...]
Vietnam is expected to export about 800,000 tonnes of rubber and earn US$3 billion in revenue in 2011 as its yearly rubber output has increased by about four percent, according to the Vietnam Rubber Association. Economists predict that rubber prices will not drop to below US$4,000 per tonne as three major rubber manufacturers Thailand, Indonesia, [...]
Vietnam, the fourth-biggest rubber exporter in 2010, may ship 50,000 tons this month, according to figures today from the General Statistics Office in Hanoi. The nation shipped 35,000 metric tons in May, 13 percent lower from a previous assessment of 40,000 tons, revised figures from the Statistics Office show. Exports in the first half of [...]
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