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According to foreign media reports, from many South Vietnam rubber companies, the current price of latex on the market is 46000-48000 VND/kg (12.
79 yuan-13.
34 yuan/kg), an increase of 5000-6000 VND/kg from the previous month.
Kilogram (1.
39 yuan-1.
67 yuan/kg)
.
The head of the Vietnam Rubber Association said that the reason for the increase in latex prices was mainly due to the impact of the new crown epidemic, which reduced the supply of goods in many countries
.
In addition to China, the U.
S.
's rubber imports from Vietnam are currently increasing, while imports from Thailand and Indonesia are decreasing because Vietnam has enough rubber tapping personnel
.
This is an opportunity for Vietnam to expand its market and increase exports
.
According to statistics from the General Administration of Customs of Vietnam, in the first quarter of 2021, Vietnam's rubber exports reached 674 million U.
S.
dollars (4.
32 billion yuan), a year-on-year increase of 103%
.
The average export price of rubber in the first quarter also increased by 14% year-on-year, reaching US$1,660/ton (RMB 10,640/ton)
.
79 yuan-13.
34 yuan/kg), an increase of 5000-6000 VND/kg from the previous month.
Kilogram (1.
39 yuan-1.
67 yuan/kg)
.
The head of the Vietnam Rubber Association said that the reason for the increase in latex prices was mainly due to the impact of the new crown epidemic, which reduced the supply of goods in many countries
.
In addition to China, the U.
S.
's rubber imports from Vietnam are currently increasing, while imports from Thailand and Indonesia are decreasing because Vietnam has enough rubber tapping personnel
.
This is an opportunity for Vietnam to expand its market and increase exports
.
According to statistics from the General Administration of Customs of Vietnam, in the first quarter of 2021, Vietnam's rubber exports reached 674 million U.
S.
dollars (4.
32 billion yuan), a year-on-year increase of 103%
.
The average export price of rubber in the first quarter also increased by 14% year-on-year, reaching US$1,660/ton (RMB 10,640/ton)
.
