In the first 2 months of the year, rubber export to China increased strongly

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Source: thitruongcaosu.net

The Import and Export Department (Ministry of Industry and Trade) cited the statistics of the General Department of Vietnam Customs that in February 2021, rubber exports reached 104,790 tons, worth $ 173.17 million, down 44.8% on volume and decreased 43.3% in value compared with January 2021, but increased 35.4% in volume and 52.8% in value compared to February 2020.

The average price of rubber exports in February 2021 was at $ 1,653 / ton, up 2.8% compared to January 2021 and nearly 13% compared to February 2020.

In the first 2 months of the year, rubber export to China increased strongly

In the first 2 months of the year, rubber exports to China increased sharply in both volume and value

In the first 2 months of 2021, rubber export reached 294,700 tons, worth $ 478.68 million, up 75% in volume and 94.6% in value over the same period in 2020.

In February 2021, China was still the leading market for Vietnam’s rubber consumption, accounting for 71.55% of the country’s total rubber export volume, with 74,980 tons, worth $ 119.76 million, down 47.4% in volume and more than 46% in value compared to January 2021, but increased 75.6% in volume and nearly 97% in value compared to February 2020.

The average price of rubber exports from Vietnam to China is 1,597 USD / ton, up 2.5% compared to January 2021 and more than 12% compared to February 2020.

In the first 2 months of 2021, Vietnam exported 217,420 tons of rubber to China, worth $ 341.82 million, up 99.3% in volume and 117.7% in value over the same period in 2020. .

Also according to the Import and Export Department in 10 days between March 2021, rubber prices in the Southeast were traded at 320-340 VND / latex, an increase of 10 VND / latex compared to the previous 10 days. The price of SVR 20 latex is at the lowest level of 25,206 VND / kg, SVR L is 39,297 VND / kg, SVR GP is 25,678 VND / kg, latex SVR 10 is 25,319 VND / kg.



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