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The Vietnam rubber in a tough position Processing can be a way out

Published on:2015/1/30 11:25:02

Keyword:Rubber, rubber raw materials, the analyzer
Introduction:Vietnam news on January 21, because the international natural rubber prices fall, the Vietnamese natural rubber industry this year will still be in a ...

On January 21, of the Vietnam news reports, because the international natural rubber prices fall, the Vietnamese natural rubber industry this year will still be in a difficult position, lower profits or even losses.Experts point out that Vietnam should reduce the export of natural rubber raw materials, and complete the export market diversification, to reduce the dependence on the single market, in order to get through this difficult period.

2014 Vietnam natural rubber prices have fallen to the lowest in nearly five years $1500 \/ ton, in part because one of Vietnam's biggest export market & ndash;& ndash;In China some time reduced from the natural rubber imports.The south rubber industrial corp predicts that this year the Vietnamese natural rubber market price will drop to $1500 a tonne, while production cost will be wandering in 30 million dong\/ton (us $1400 \/ ton).



The Vietnam rubber in a tough position Deep processing for a way out of
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In 2014, the Vietnamese exports of 1.07 million tons of natural rubber, essentially flat with 2013, exports of $1.8 billion, down 28% compared to the same;1 - November last year the average export price of $1695 \/ ton, down 27% year-on-year.Price as high as $4670 a tonne in 2012, since then all the way down.

Falling prices for rubber farmers caused serious influence, in some areas cut rubber Vietnam southeast to switch to other crops, are reduced to about 4000 hectares of rubber trees across the country.

Vietnam produce most of the natural rubber latex in the form of export, but only 18% of the latex in the processing, the experts said if processing up to 25%, will reduce the dependence on foreign markets.The industry insiders estimated that if the natural rubber raw materials processed into finished products, value can increase 20 times.Experts urged Vietnam to strengthen latex rubber industry processing investment to enhance the added value, and warned that if you don't make improvement will continue at a disadvantage.Vietnam's agricultural industry and rural development minister asked the rubber industry restructuring must be conducted to complete can keep the development.

Key-word:Rubber, rubber raw materials, the analyzer