December 25, 2024 | 12:37 GMT +7
Hotline: 0913.378.918
December 25, 2024 | 12:37 GMT +7
Hotline: 0913.378.918
A worker collects rubber latex in Binh Long Rubber Ltd Company in the central province of Bình Phuoc. Photo: Thanh Son.
According to China Customs, in the first two months of this year, China spent US$1.87 billion importing rubber, marking an increase of 13.8 per cent compared with that of the same period last year.
Particularly, China spent US$ 433.97 million importing rubber from Vietnam in the first two months of this year. The sum is 65.1 per cent higher than that of the same period last year.
Vietnamese rubber now accounts for 23.18 per cent of the total value of imported rubber in China while Thailand – China’s biggest rubber supplier - gains 29.29 per cent of China’s rubber import value.
While China imported more rubber from Vietnam in the first two months of 2021, it reduced rubber importation from Thailand.
In the first two months of this year, rubber shipments from Thailand to China cost $548 million, marking a decline of 17.4 per cent compared with that of the same period last year.
According to the General Department of Việt Nam Customs, in the first quarter of this year, Vietnam exported 290,000 tonnes of rubber to China, marking an increase of 103.1 per cent in volume and 128 an increase of 128 per cent in value.
(VAN) Vietnam is the third-largest supply source of vegetables, fruits, and processed products for Australia in the first 10 months of 2024, reaching USD 109.68 million, up 35.4% over the same period last year.
(VAN) The Forestry Department reported that the export turnover of wood and wood products reached approximately 16.3 billion USD, while non-timber forest products exceeded 1 billion USD.
(VAN) In 2023, EU piglet production reached a record low, while feed prices fell, and the demand for piglets rose, according to a recent US Department of Agriculture (USDA) Global Agricultural Information Network (GAIN) report.
(VAN) Vietnam's trade turnover reached nearly USD800 billion, a 15% increase compared to the same period last year, with exports rising by almost 14%, significantly surpassing the target of 6%.
(VAN) The Vietnam Association of Seafood Exporters and Producers held a ceremony to celebrate seafood exports reaching 10 billion USD in 2024, with expectations for better growth in 2025.
(VAN) After Monday, a drier trend sets in for Argentina before rain returns next week. Soymeal is retreating on falling world prices as Argentina is slated to crush a record amount of beans.
(VAN) Cocoa’s rally has soared past all major commodities in 2024, and there’s little sign the tight supply and fragile trading landscape that prompted its near-vertical trajectory are in for a fast fix.
