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Rubber Exports decrease: General Customs (27-07-2015)

 

Ph.d Dao Ngoc Tien at Trade Foreign University in HCMC said at Rubber sector`s meeting organized on July 24 in HCMC that rubber exports in the country has fallen recently.  

Ph.d Dao Ngoc Tien at Trade Foreign University in HCMC said at Rubber sector`s meeting organized on July 24 in HCMC that rubber exports in the country has fallen recently.

Rubber export value in 2015 is estimated to reach US$ 1.7billion, a decrease 4 percent compared to last year. The major reason for the lateness is the unstable market causing unfavourable conditions for rubber enterprises, said Mr Tien .

According to the General Department of Customs, rubber exports in the first 5 months of this year reached 330,000 tons, accounting US$ 476million, an increase 30.04 percent in volume but a decrease 2.71 percent in value compared to the same period last year.

The export value decreases due to rubber export prices cost US$ 1,441 per ton, a decrease 25.19 percent compared to last year.

http://en.baomoi.com/Info/Rubber-Exports-decrease-General-Customs/5/566718.epi

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