Vietnamese rubber exports in the fourth quarter is expected to be steady year-on-year

Vietnamese rubber exports in the fourth quarter is estimated at 200000-300000 t, generally steady at the level of the same period in 2007.

Comprehensive news on October 15, Vietnam Rubber Industry Group, the manager of the export sector, said Dinh Van Tien, Vietnam is estimated that in 2008 the export volume is expected in the fourth quarter and 2007 largely unchanged from the same period, is expected in the 200000-300000 t, depending on In the next few weeks the price of exports.

Vietnam Rubber Industry Group is the country's largest rubber exporter.

Tien also said that the recent decline in international rubber prices has affected Vietnam's rubber industry. At present, the local company's selling price for rubber 30,000,000 VND (1815 U.S. dollars) / ton higher than in July when it fell by 50%, and may continue to decline in rubber prices. But the rubber shipments in 2007 than the increase in export value will exceed last year's 1.4 billion.

January to September, the Vietnam Rubber exports 1,256,000,000 U.S. dollars, compared with the same period in 2007, exports declined by 8.0 percent, but the value of domestic exports increased by 33.6 percent.