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Oct 31, 2008

Vietnamese rubber exports to China increase

China is Vietnam's biggest rubber consumer market, Vietnam's rubber exports 60% of Chinese exports. To enter in mid-October, China's rubber import demand growth. At present, Vietnam through the Mong Cai of China's exports to the port every day about 1600 tons of rubber than early October nearly 400 tons per day, the price per ton to 10,000 yuan 1.45-1.47 per ton increase of about 500 yuan.

Tire production to meet domestic needs, China will increase imports of natural rubber, and Vietnam's exports to China's rubber prices are likely to continue to rise sharply. Expects 2006 Vietnamese rubber exports to China of about 600,000,000 U.S. dollars.

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