Vietnam to reduce the number of rubber exports to China

Vietnam Rubber Association (VRA) recently proposed the Vietnamese rubber enterprises adjust the number of rubber exports to China to avoid over-concentration of exports has been the Chinese side to keep the prices down. Due to the recent China issued a series of restrictions on imports of Vietnamese rubber, latex resulted from the Mong Cai port of export prices have fallen sharply. At present, the export prices of Vietnamese rubber is about 2313 U.S. dollars per ton higher than in mid-July has dropped by nearly 125 U.S. dollars. In the first half of this year, Vietnam through Mong Cai to the Chinese port of export 160,000 tons of rubber in the amount of 300,000,000 U.S. dollars, an increase of 200%.