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Vietnam: Rubber exports surge 42% in six months Vietnam has exported 412,000 tonnes of rubber in the first six months of this year earning US $1.3 billion, a year-on-year increase of 42.5% in volume, announced the Ministry of Agriculture and Rural Development. However, the export value was down by 0.3% due to the drop in price on the world market. Despite this factor, domestic exporters have achieved positive results by expanding their markets. Rubber exports to several markets rose strongly against the same period last year. Vietnam Customs reports that rubber exports to China were up 31% and those to Maylaysia rose more than 300%, while exports of the product to India surged a massive 650%.
Vietnam exports rubber to 80 countries, accounting for 10% of the world’s volume, and has become the fourth largest exporter of rubber in the world. Total hits:
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03/07/2012 02:37:28 PM | | | Recent:
 Rubber Rebounds, Paring Weekly Loss, as Yen Resumes Decline24/05/2013 10:45' AMRubber rebounded from the biggest
drop in a month as Japan’s currency resumed a decline against
the dollar, raising the appeal of yen-denominated futures. Europe PE spot prices surge on tight supply24/05/2013 10:35' AMLONDON (ICIS)--European polyethylene
(PE) spot prices are increasing sharply, with some grades rising
particularly quickly as availability tightens following production
cutbacks, sources said on Thursday. Vietnam rubber tycoon rejects land grabbing accusations24/05/2013 10:01' AMA Vietnamese rubber tycoon has rejected
accusations by Global Witness, a group that campaigns on resource
issues, that it was involved in a land grabbing crisis in Southeast
Asia. SC panel refuses to direct NMDC to reduce iron ore prices23/05/2013 04:13' PMThe Central Empowered Committee refused to issue directions to ore
producers on producing a certain type, beneficial to industries like
sponge iron Global Aluminium surplus in 2013 expected at 1mn ton23/05/2013 03:24' PMLONDON (Commodity Online): Global aluminium
market surplus in 2013 is expected to be at 1 mn ton from 1.2 mn ton
previously estimated as Chinese market has moved into a modest deficit
in Q2, driven by production cuts amounting to as much as 1Mty capacity
by mid-May, stated London based Barclays in its recent market analysis. Rubber Swings Between Losses and Gains Ahead of BOJ Decision22/05/2013 03:36' PMRubber swung between losses and gains
as the yen erased its advance against the dollar today before a
policy decision from the Bank of Japan. Asia EPS may gain towards June on seasonal pick-up in demand22/05/2013 03:13' PMSINGAPORE (ICIS)--Demand for expandable polystyrene
(EPS) in Asia is expected to pick up late this month and lead to
higher prices of the polymer after stagnating at around $1,840/tonne
(€1,435/tonne) levels since mid-March, market sources said on Wednesday. | Other News: Copper Climbs for Third Day as U.S. Data Boost Demand Outlook01/01/1900 12:00' AMCopper rose for a third day as a
better-than-estimated service-sector growth in the U.S., the
world’s second-biggest user of the industrial metal, boosted the
demand outlook. Aluminum, zinc and lead also advanced. Brazil sues Vietnam for tyre dumping03/07/2012 02:27' PM (VOV) - The Ministry of
Development, Industry and Foreign Trade of Brazil (MDIC) has decided to
sue Thailand, China, Taiwan and Vietnam for dumping motorbike tyres on
its market. Plastics industry urged to modernise03/07/2012 02:05' PMHCM CITY — Experts have urged the plastic sector to
buy advanced technology and use more automated procedures to meet
quality, hygiene and safety standards of both Viet Nam and other
countries.
Positive sentiments may help in Copper recovery29/06/2012 02:35' PMLONDON(Commodity Online): Copper is back on track,
as base metals seems to rebound in metal exchanges globally as the
traders looks forward the European meeting scheduled later today to
solve the debt crisis prevailing in the region, and also the US economic
data which is expected to boost the market. Although the markets gets
cautioned ahead of the crucial EU summit as the leaders remain unusually
divided this time. Rubber price up on rising stocks in Japan, increased purchase by China29/06/2012 02:30' PMTOKYO (Commodity Online): Despite lower demand for
rubber in Indian as well as in global market, the price of rubber in
Tokyo Commodity Exchange (TOCOM) surged on Thursday to one week high,
while in India’s National Multi Commodity Exchange (NMCE), the commodity
down marginally. New NPK fertilizer plants underway28/06/2012 03:05' PMBinh Dien Fertilizer Co. plans to develop two NPK fertilizer plants to meet market demand. Europe PE prices at six-month low on naphtha drop28/06/2012 03:01' PMLONDON (ICIS)--European polyethylene (PE) prices are at a six-month low as producers take advantage of the drop in naphtha prices to produce material for spot and export sales at levels at which most traders cannot compete, sources said on Wednesday. |
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LONDON (ICIS)--The European polyethylene terephthalate (PET) market is in limbo as producers decide how best to
limit losses in ... | |  PVC demand has remained weak in 2009 following collapse in consumption in H2-2008 as the weak economic outlook continued to ... | |
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