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Latex exports to China increase

Update: April, 17/2012 - 10:13

HA NOI — Natural rubber exports through the Mong Cai Border Gate have increased dramatically even though China market demand remained unchanged, resulting in a slump of 200-300 yuan (US$31.6-47.4) per tonne, according to industry sources.

Batches of natural rubber exported to China were mainly priced at 23,300 yuan (US$3681.4) per tonne last week.

Vietnamese rubber exporters are shifting their exports from the border gate at Mong Cai in Viet Nam and Dong Hung in China to the Lao Cai-Hekou border gate.-VNS

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