Arab Today, arab today vietnam\s rubber exporters likely to face difficulties on low demand
Last Updated : GMT 05:13:31
Arab Today, arab today
Arab Today, arab today

Vietnam\'s rubber exporters likely to face difficulties on low demand

Arab Today, arab today

Arab Today, arab today Vietnam\'s rubber exporters likely to face difficulties on low demand

Hanoi - XINHUA

Vietnam's rubber exporters are likely to face further difficulties because of the low demand from major rubber importers, the Vietnam Rubber Association said on Tuesday. In 2013, Vietnam exported 1.078 million tons of rubber worth 2. 51 billion U.S. dollars, up 5 percent year-on-year in volume but down 12 percent on value, said the Ministry of Agriculture and Rural Development. China and Malaysia remained major markets for Vietnam's natural rubbers in the past few years. In 2013, China consumed almost 45 percent of Vietnam's rubber export volume while Malaysia bought 21 percent, said the ministry. However, the two markets purchased less in the first two months of 2014, leading to a sharp decrease in the prices of Vietnam's natural rubber exports, according to the local Industry-Trade News under the Ministry of Trade and Industry. The currently price of Vietnam's rubber exports stays at around 2,000 U.S. dollars per ton, 500-700 U.S. dollars lower than what the association has forecast for this year. In the domestic market, rubber prices in southern Vietnam provinces, the major rubber growing areas of the country, hover from 1,720-1,886 U.S. dollars per ton, down 56.8 U.S. dollars over the past eight weeks, said the association. Especially, the average export price of Vietnamese SVR 3L as of March 15 was 2,100 U.S. dollars per ton, down 28.93 percent year- on-year, said the association. Natural rubber price has gone down sharply since the beginning of 2014 due to high global stockpile. To boost the recovery of rubber price and prevent loss for producers, the association has urged local enterprises to reduce rubber output in 2014 and not to sell rubber at lower prices than world prices. In the first two months of 2014, Vietnam pocketed 215 million U. S. dollars from shipping 104,000 tons of rubber, down 43 percent in value and 25 percent in volume year-on-year, said the Ministry of Agriculture and Rural Development. During the same period, China remained the largest importer of Vietnamese rubber, buying 41,657 tons worth 82.3 million U.S. dollars, which went down 40.2 percent in volume and 54.83 percent in value year-on-year, followed by Malaysia and India, said the association.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today vietnam\s rubber exporters likely to face difficulties on low demand Arab Today, arab today vietnam\s rubber exporters likely to face difficulties on low demand

 



Arab Today, arab today
Arab Today, arab today Hats, scarves add beauty to women

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today Tourist guide reveals methods of tourist attractions

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions
Arab Today, arab today To release new antiques collection

GMT 20:33 2017 Friday ,17 February

To release new antiques collection
Arab Today, arab today Leader Omar Abdel Rahman dies in US prison

GMT 19:00 2017 Sunday ,19 February

Leader Omar Abdel Rahman dies in US prison
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic

GMT 05:57 2017 Sunday ,19 February

How do you say déjà vu in Greek?

GMT 05:26 2017 Sunday ,19 February

US natural gas market tightens

GMT 05:06 2017 Sunday ,19 February

Merkel: Euro is too low for Germany

GMT 04:58 2017 Sunday ,19 February

Swedish PM: Brexit deal in 2 years is unlikely

GMT 20:02 2017 Saturday ,18 February

Gold edges higher as global equities lose momentum
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Porsche reveals new 2018 Panamera

GMT 17:31 2017 Wednesday ,15 February

Porsche reveals new 2018 Panamera
Arab Today, arab today Actress Nadeen Al Rassi views art as her entity

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:05 2017 Friday ,17 February

Singer Diana Karzon will issue a new album soon

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 14:04 2017 Tuesday ,14 February

"Lagom" new Swedish concept in interior design

GMT 12:07 2017 Thursday ,16 February

Bite-mimicking malaria vaccine

GMT 09:03 2017 Thursday ,16 February

Tour guide praises women’s beaches

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 21:42 2017 Sunday ,12 February

Rania al-Ghazali designs candles of bubbles
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday