July 1, according to the Vietnam News, the end of May, the average price in 2015 was $ 1,442 Vietnam Rubber / ton, lower than the 2014 $ 2,000 / ton, and the average rubber price since October 2014 less than $ 1,500 / ton. Compared with April, May Vietnam’s rubber export volume increased 53.3%, total exports increased by 57.2%.Because of low prices, May Vietnam exported 80,485 tons of natural latex, the first five months, total exports amounted to 330,059 tons. May, Vietnam exports 38,145 tons of synthetic rubber.
The first five months, China and Malaysia imports were 160,430 tons of rubber from Vietnam and 54,244 tons, becoming the largest destination for Vietnamese rubber exports in both countries.
Vietnam Agriculture and Rural Development (MARD) announced that in 2014, China and Malaysia, Vietnam imported rubber by the number of 43.5% and 19.4% respectively of the total Vietnamese rubber exports, compared to 2013, respectively, a slight decline of 3.4% and 8.5% . In 2014 the number of Vietnamese rubber exports to India, Germany and South Korea and other countries have been declining, while the number of exports to Sri Lanka, Turkey and the United States quadrupled.
In order to prevent the rubber prices continued to fall, the Vietnam Rubber Association (VRA) has recommended its members and farmers not less than $ 1,500 / ton price to sell latex. Meanwhile, Thailand, Malaysia and Indonesia (the world’s rubber exports accounted for 70%) also plans to limit the supply of rubber to help boost rubber prices.
Recently, the Vietnamese Minister of Agriculture and responsible person to discuss how to improve rubber prices in the near future, and how, together with the ITRC, IRCo stable Jiaojia common problems.
2014 Vietnamese Ministry of Finance has introduced a number of tax incentives, some rubber zero export tax before the tax rate is 1%. Rubber products including gum, natural rubber and synthetic rubber products.
Translated by Google Translator from http://news.cria.org.cn/5/27773.html