Vietnam targets broader export market for rubber

Ho Chi Minh -- According to an article in Viet Nam News, "The Ministry of Industry and Trade has set higher targets for rubber exports and an expansion of its markets beyond China, the biggest buyer of Viet Nam’s unprocessed rubber products. Viet Nam ranks fourth worldwide after Thailand, Indonesia, and Malaysia in rubber exports, but the ministry believes that it can increase both the quality and number of rubber exports. China imports 64 per cent of the country’s rubber, with Singapore, South Korea, Germany and the US the next highest among the 40 countries that buy Viet Nam’s rubber. The lack of a trademark is one reason Vietnamse rubber sells at low prices. The country exported 760,000 tonnes of rubber last year while the target was 780,000 tonnes. This year, the Ministry of Industry and Trade targets a 4 per cent increase in export output and a rise of 12.4 per cent in export value compared to 2007. Viet Nam Rubber Association’s management board said higher demand on the world market and fewer supplies should contribute to higher prices. Rubber prices rose in some markets, including US$165 per tonne in Russia, $130 per tonne in Turkey, $70 per tonne in China and $64 per tonne in Japan."

You are at the site for answers and solutions to all your problems in natural rubber latex processing and manufacturing of industrial, household and medical gloves, condoms, catheters, baby teats and baby pacifiers, toy balloons, latex foam products, latex threads etc.