The Vietnam rubber exported to China rose the prices of 500 yuan per ton

Vietnam news agency reported, compared with last month, the export price of natural rubber from the international port of  Monggai to China rise 500 yuan (RMB, same hereinafter) per ton, reach 19700 yuan/ton, the highest since 16 months. Industry insiders predict, until the end of April, the national natural rubber  lies dry season, therefore, the rubber price will remain at high levels.

Vietnam commerce trade information center disclosed that Chinese demand for imported rubber is as high as 1000-1500 tons/day, exports of rubber though Monggai portis shows decreasing trend, only 700-700 tons/day, on average of $2271 / ton for Rubber exports this year, up 27% year-on-year.