Vietnam's Rubber Exports Increased

- Sep 16, 2019-

Recently, the Ministry of Industry and Trade of the Ministry of Industry and Trade announced that in the first seven months of this year, Vietnam’s rubber exports and exports are still rising steadily in the context of a decline in Vietnam’s agricultural exports.

In July this year, Vietnam's rubber exports and exports amounted to about 150,000 tons and 211 million US dollars (about 1.491 billion yuan), respectively, an increase of 22.2% and 20.9%, respectively, an increase of 5.7% and 12.5%.

Petroleum Resin C9 suppliers told us that From the beginning of the year to July, Vietnam's rubber exports and exports were 764,000 tons and 1.05 billion US dollars (about 7.418 billion yuan), an increase of 8.2% and 4.5%. Hydrocarbon Petroleum Resin suppliers mentioned that In July this year, due to concerns about reduced demand, the price of the world rubber market continued to decline, and the price of latex materials in Vietnam also declined.