Friday, September 5, 2014

Cambodia’s Rubber Export Increases in the First Seven Months of 2014


5 September 2014

Cambodia has reportedly seen an increase in natural rubber export in the first seven months of this year, hitting nearly 40,000 tons.

Volumes of rubber exports were from state-owned rubber plantation (100 tons), private rubber plantation (more than 10,092 tons) and agro-industrial investment on economic concession land (27,563 tons), a report of the Ministry of Agriculture, Forestry and Fisheries pointed out. However, as late as 2013 until the first six months of this year, the price of rubber had gone down to US$1,900 per ton from US$2,000 per ton last year. The rubber was sold to European Union, China, South Korea, Singapore, Malaysia, Thailand, and Vietnam and so on.

Cambodia country has more than 325,900 hectares of rubber plantation in 2013, and the area is expected to reach 400,000 hectares in 2020, producing over 300,000 tons of rubber yields.

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