Vietnam seizes opportunity to expand rubber exports to China
January 18, 2019
Cast Shoulder,Weld Shoulder,Rail Shoulder Screw Spike,Railway Fish Plate Co., Ltd. , http://www.rail-bolt.com
According to the World Rubber Association, in 2011, the total demand for rubber in the world was about 11.15 million tons, and the total rubber production was about 109.7 million tons. Supply was in short supply, and rubber prices are expected to rise. Recently, Vietnam's rubber exports to China are still at a high level (the border trade export price is as high as RMB 32,600/tonne). If we can seize this favorable opportunity and expand our exports to China, Vietnam's rubber exports in 2011 are expected to increase by 4-12%.