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Oct 31, 2008

Vietnam's exports to China soared rubber prices will likely continue to rise

November 10 quoted the Vietnamese Ministry of Trade reported through the port Mong Cai, Vietnam now exports to China every day about 1600 tons of rubber, the beginning of last month 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 at a significant long.
China has become Vietnam's biggest rubber export market, accounting for Vietnamese rubber exports 60% of the total. Is expected this year, Vietnamese rubber exports to China of about 600,000,000 U.S. dollars.

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