cellcard cellcard cellcard

Cambodia’s rubber export up 21 per cent in first 9 months

Skimmed rubber blocs ready for export.

Cambodia exported 209,819 tons of dry rubber in the first nine months of 2020, up 21 percent compared to the same period last year, said a General Directorate of Rubber report.

The kingdom earned gross revenue of $271 million from exports of the commodity during the January-September period this year, up 17 percent over the same period last year, the report said.

“A ton of dry rubber averagely cost $1,292 during the first nine months of this year, about $41 lower than that of the same period last year,” Pol Sopha, director general of the General Directorate of Rubber, said in the report.

The Southeast Asian nation exports the commodity mainly to Malaysia, Vietnam, Singapore and China.

According to the report, Cambodia has so far planted rubber trees on a total area of 402,313 hectares, in which the trees on 290,007 hectares, or 72 percent, have grown big enough to be tapped. Xinhua

Related Posts

Previous Article

New investment law to be finalised in November

Next Article

AVIC explores potential investment in civil aviation