Natural Rubber export is facing big pressure in Vietnam
In year 2019, whole world natural rubber sales growing rate is slowing down. Also, with the factor of CHINA-US trade conflict, natural rubber demands are facing big pressure.
From the data of Vietnam customs, it shows
Feb.2019, natural rubber export 79,500MT, decrease 49.4%
The export to China, India and Korea (top three markets)increased, while other markets decreased.
Feb. 2019, China is the biggest market, export to China is 48,920MT, increase 94.1%