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Oct 28, 2008

Foreign demand for Vietnamese rubber exports increase in prices will rise

Due to China, the United States, Japan and South Korea industrial production of natural rubber demand is growing, since mid-May, the rubber export prices go up. At present, the Vietnamese domestic market SVR3L natural rubber shield 19,950,000 / ton, composite rubber shield 18,700,000 / ton, SVR10 rubber shield 17,300,000 / ton. June is expected to rubber export prices will rise.

Vietnam rubber prices of major export markets: China, SVR3L natural rubber 11,400 yuan / ton; Australia, SVRC60 Rubber 1400 U.S. dollars / ton (FOB); South Korea, SVR3L Rubber 1340 U.S. dollars / ton (FOB); Japan, SVR20 rubber 1190 U.S. dollars / Tons.

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