RUBBER EXPORTS IN MAY INCREASED SHARPLY 

RUBBER EXPORTS IN MAY INCREASED SHARPLY 

RUBBER EXPORTS IN MAY INCREASED SHARPLY 

Accumulated in the first 5 months of 2021, rubber exports are estimated at 548,000 tons, worth US$923 million, increasing by 58.7% in volume and 94% in value over the same period in 2020.

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RUBBER EXPORTS IN MAY INCREASED SHARPLY 

The Import-Export Department (Ministry of Industry and Trade) estimates that in May 2021, Vietnam's rubber exports will reach about 80,000 tons, worth US$139 million, increasing by over 26% in volume and 7.2% in value compared to April 2021; increased by 7.2% in volume and nearly 55% in value compared to May 2020.

The average export price was $1,738/ton, reducing by 2.2% compared to April 2021, but going up by 44.6% compared to May 2020.

Accumulated in the first 5 months of 2021, rubber exports are estimated at 548,000 tons, worth US$923 million, increasing by 58.7% in volume and 94% in value over the same period in 2020.

According to calculations from the statistics of the General Department of Vietnam Customs, in the first 4 months of 2021, the mixture of natural rubber and synthetic rubber (HS: 400280) is the most exported item. It accounts for 60.89% of the country's total rubber exports, with 285,090 tons, worth US$459.18 million, increasing by 87% in volume and 116.3% in value over the same period in 2020.

In which, exports to China accounted for 99.53% of the country's total mixture of natural and synthetic rubber exports, with 283,740 tons, worth US$456.58 million, going up by 88.8% in volume and increased 118.3% in value over the same period in 2020.

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rubber export

In general, in the first 4 months of 2021, most types of rubber exports achieved strong growth compared to the same period in 2020. Notably, some types such as Latex, RSS1, synthetic rubber, SVR 10, RSS3, SVR 3L, etc increased sharply in both volume and value compared to the same period in 2020.

Về giá xuất khẩu, trong 4 tháng đầu năm 2021, giá xuất khẩu bình quân các chủng loại cao su hầu hết đều có xu hướng tăng so với cùng kỳ năm 2020, trừ cao su tổng hợp và cao su tái sinh có giá xuất khẩu bình quân giảm. 

Regarding export prices, in the first 4 months of 2021, the average export price of all types of rubber tends to increase compared to the same period in 2020, except for synthetic rubber and regenerated rubber with export prices. average decrease.

In which, some types of rubber had a sharp increase in average export price compared to the same period in 2020 such as RSS1 increased by 34.9%, Latex increased by 32.6%, RSS3 increased by 29.8%, SVR CV60 increased by 27 .9%, SVR 3L up 26.4%.

In May 2021, the price of raw rubber latex had many fluctuations, the purchasing price of raw rubber latex was continuously adjusted by companies.

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