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Natural latex prices in Vietnam to stimulate natural rubber exports increased
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According to Vietnam, July 1, the latest news, as of the end of May, the average selling price of 2015 Vietnam Rubber for 1442 dollars / ton, lower than the $2000 2014 / ton, and since October 2014 rubber average price below $1500 / ton. Compared with April, in May, Vietnam rubber exports increased by 53.3%, total exports increased by 57.2%. Because of the low price, in May, Vietnam exported 80485 tons of natural latex, the first five months of total exports amounted to 330059 tons. May, Vietnam synthetic rubber exports 38145 tons.
In the first five months of this year, China and Malaysia, respectively, from Vietnam imported 160430 tons of rubber and 54244 tons, becoming the two largest rubber exports to vietnam.
The Vietnamese Ministry of agriculture and rural development (mard) announced, in 2014, the number of China and Vietnam and Malaysia rubber accounted for Vietnam rubber exports 43.5% and 19.4%, compared with 2013, respectively, a slight decline 3.4% and 8.5%. The number of countries such as India, Germany and South Korea in 2014 fell, while exports to Sri Lanka, Turkey and the United States the number of two times.
In order to prevent rubber prices continue to fall, the Vietnam Rubber Association (VRA) has advised its members and farmers do not have to sell at less than 1500 U. S. dollars / ton of latex. At the same time, Thailand, Malaysia and Indonesia (70% of the world's rubber exports) also plan to limit the supply of rubber, to help raise the value of rubber.
Recently, Vietnam's agriculture minister and the relevant person in charge to discuss how to raise the price of rubber in the near future, and how to work together with the IRCo, ITRC and the problem of the stability of the price.
In 2014, the Ministry of finance also introduced a number of tax incentives, some of the rubber products to implement zero export tax, the tax rate is 1%. Rubber products including gum, natural rubber and synthetic rubber products.
This paper is from Shenzhen,, id=451?
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