Rubber prices continue to decline

05:05, 09/05/2016

(ĐN)- Dong Nai exported 2,500 tons of rubber latex worth more than US$3 million in April, said Department of Industry and Trade.

(ĐN)- Dong Nai exported 2,500 tons of rubber latex worth more than US$3 million in April, said Department of Industry and Trade.

The export price of rubber this month fell by 15% year-on-year to US$1,300 per ton now.

In Jan-April period, Dong Nai’s rubber export reached 8,000 tons with a turnover of approximately US$10.1 million, up 5% in volume but decrease in value.

China, Taiwan, Thailand, Germany and Holland are the province’s leading rubber importers.

Reported by N.H