Rubber industry: exports up, but prices down.

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Re: Rubber industry: exports up, but prices down.

Post by CEOCambodiaNews »

Cambodia Earns over US$250 Million from Rubber
19/12/18 21:22
Phnom Penh (FN), Dec. 18 - Cambodia has exported over 187,700 tons of rubber within the first 11 months of 2018, amounted to $250 million of revenue, according to the official report of the General Department of Rubber, Ministry of Agriculture, Forestry and Fisheries on Tuesday.

From January to November 2018, Cambodia has exported 187,700 tons of rubber, an increase of 23% compared to the same period in 2017.

The average price of rubber in 2018 is US$1,336 per ton, a decrease of 17% compared to last year.

Cambodia has 436,340 hectares of rubber plantations. So far, 200,000 hectares had been harvested, an equivalent to 47%, and the remaining is 220,000 hectares.

As the 16th largest natural rubber producers in the world, the government has set a goal to produce 290,000 tons of rubber by 2020 for the exports to China, Vietnam, Singapore, South Korea, and Malaysia.
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Re: Rubber industry: exports up, but prices down.

Post by CEOCambodiaNews »

Cambodia's rubber export grows in 2018
1/29/2019 8:59:58 AM

(MENAFN) A General Directorate of Rubber report showed that Cambodia had exported 217,500 tons of dry rubber in 2018, up 15 percent from a year earlier.

The country earned gross revenue of USD287 million from the exports of commodity last year, down 3.9 percent year-on-year.

The director general of the General Directorate of Rubber said: "a ton of dry rubber averagely cost 1,319 U.S. dollars in 2018, about 262 U.S. dollars lower than that of 2017."

Cambodia exports the commodity mainly to Malaysia, Vietnam, Singapore and China.

https://menafn.com/1098038230/Cambodias ... ws-in-2018
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Re: Rubber industry: exports up, but prices down.

Post by CEOCambodiaNews »

April 30, 2019
Rubber production up 32 percent
Rubber production increased by 32 percent in the first quarter of the year, with most of it shipped abroad, according to the latest official report.

From January to March, Cambodia produced 48,778 tonnes of rubber, an increase of 11,753 tonnes compared to the same quarter in 2018.

The rubber was harvested in 201,519 hectares of land, with total rubber tree plantations in the Kingdom equalling 436,357 hectares, the report shows.

Most of the production (48,192 tonnes) was exported, an increase of 23 percent.

However, the average price the commodity fetches declined by 12 percent, reaching just $1,279 per tonne.
https://www.khmertimeskh.com/50599048/r ... 2-percent/
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Re: Rubber industry: exports up, but prices down.

Post by CEOCambodiaNews »

January 1, 2020
Rubber prices slightly decrease despite a powerful rise in exports
Cambodia experienced strong growth in rubber exports to foreign market during the first eleven months of last year, but their price suffered, down 0.3 percent compared with the same period in 2018, according to government official data released this week.

From January to November, the Kingdom exported a total of 233,677 tonnes of rubber, an increase of 24 per cent over the corresponding period for the year before , said a statement from the General Directorate of Rubber, a bureau of the Ministry of Agriculture.

It noted that rubber exports were valued at approximately $311million, with a tonne of rubber selling, on average, for $1,331. All production was shipped abroad, with Vietnam the biggest buyer. Cambodian also exported to China and Malaysia.

Vietnam Rubber Group invested on a large-scale in rubber farms in the Kingdom through its 19 subsidiaries in seven provinces – Kampong Thom, Preah Vihear, Siem Reap, Oddar Meanchey, Kratie, Mondulkiri, and Ratanakkiri.

The Group owns about 90,000 hectares in Cambodia, reportedly valued at $800 milllion.
https://www.khmertimeskh.com/50675604/r ... in-exports
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Re: Rubber industry: exports up, but prices down.

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Cambodia's rubber export up 30 pct last year
Xinhua, January 26, 2020

PHNOM PENH, Jan. 26 (Xinhua) -- Cambodia exported 282,071 tons of dry rubber in 2019, an increase of 30 percent from 217,501 tons in the year before, according to Agriculture Ministry on Sunday.

The Southeast Asian nation made a gross revenue of roughly 377 million U.S. dollars from exports of the commodity last year, up 31.8 percent from 286 million U.S. dollars in a year earlier, said the ministry's annual report.

"A ton of dry rubber averagely cost 1,336 U.S. dollars in 2019, about 19 U.S. dollars higher than that of 2018," the report said.

The kingdom exports the commodity mainly to Malaysia, Vietnam, Singapore and China.

According to the report which was released on Saturday, the country has planted rubber trees on a total area of 406,142 hectares, in which 247,113 hectares, or 61 percent of the cash crop, are old enough to be tapped.
http://www.china.org.cn/world/Off_the_W ... 649701.htm
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Re: Rubber industry: exports up, but prices down.

Post by CEOCambodiaNews »

Cambodia’s Q1 rubber exports earn 75 million USD
Cambodia exported 53.05 tonnes of rubber in the first quarter of 2020, a year-on-year increase of 10 percent, earning 75.34 million USD, according to the General Directorate of Rubber under the country's Ministry of Agriculture, Forestry and Fisheries.
VNA Friday, April 17, 2020 21:59
Phnom Penh (VNA) - Cambodia exported 53.05 tonnes of rubber in the first quarter of 2020, a year-on-year increase of 10 percent, earning 75.34 million USD, according to the General Directorate of Rubber under the country's Ministry of Agriculture, Forestry and Fisheries.

In its latest report, the office said the average price of the commodity stood at 1,420 USD per tonne in the period.

Cambodia is currently home to more than 405,480 ha of land for the rubber industry, including 250,750 ha for plantation, or 62 percent.

The product is mainly shipped to China, Vietnam, Singapore and Malaysia./.
VNA
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Re: Rubber industry: exports up, but prices down.

Post by CEOCambodiaNews »

Cambodia enjoys increase in its rubber exports
Date
7/21/2020 9:51:10 AM
(MENAFN)
A General Directorate of Rubber report on Monday said that the total dry rubber exports of Cambodia has reached 123,151 tons in the starting half of the current year, expanding 18 percent in comparison to the same period a year ago.

The country saw a total of USD160.7million in gross revenue from exports of the commodity in the period, expanding 15 percent since the same period a year ago.

It said that "a ton of dry rubber averagely cost 1,305 U.S. dollars in the first semester of 2020, about 33 dollars lower than that of the first semester of 2019".

Cambodia exports rubber mostly to Malaysia, Vietnam, Singapore and China.
https://menafn.com/1100516428/Cambodia- ... er-exports
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Re: Rubber industry: exports up, but prices down.

Post by armchairlawyer »

Rubber price should soon go up (like most commodities) so a bright spot for the Cambodian economy.
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Re: Rubber industry: exports up, but prices down.

Post by CEOCambodiaNews »

Dry Rubber Export Up 18% in First Eleven Months
AKP Phnom Penh, December 03, 2020 --

Cambodia has exported 290,700 tonnes of dry rubber in the first eleven months of this year, an increase by 18.30 percent compared to the same period last year, according to data from the Ministry of Agriculture, Forestry and Fisheries (MAFF).

Cambodia has so far planted rubber trees on a total land area of 403,195 hectares, of which 62 percent are mature and ready for rubber tapping.

Some 282,071 tonnes of Cambodian rubber worth US$377 million were exported in 2019, up 30 percent from 2018.
- AKP
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Re: Rubber industry: exports up, but prices down.

Post by CEOCambodiaNews »

January 6, 2021
Cambodia’s rubber export reach $459 million in 2020

Cambodia exported some 340,000 tonnes of rubber in 2020 generating $459 million for the national income.

The update was shared yesterday by the Ministry of Agriculture, Forestry and Fisheries, adding that during the year, the export of rubber trees was worth nearly US$24 million.

Cambodia has in total 401,914 hectares of land surface for rubber plantations, of which 240,811 hectares or 60 percent for industrial rubber, and 161,103 hectares, or 40 percent for household rubber plantations, continued the source.

Some 282,071 tonnes of Cambodian rubber were exported in 2019, an increase of 30 percent from 217,501 tonnes in the year before.
https://www.khmertimeskh.com/50800901/c ... n-in-2020/
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