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Myanmar rubber exports set to rise even as global prices
Quality issues. In September, Myanmar exported a total of 1,077 tonnes of rubber. Around 80 percent of the rubber produced is exported to China with the remaining sold to Thailand, Malaysia and Japan as well as local factories.
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Watermelon can fetch 2000 yuan and above per tonne if market demand is high and quality is good, but currently the price has fallen by about 400 yuan per tonne according to quality of fruit and it can hope that the price will be better again in mid-November, he said.
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Global Rubber Markets News, Rubber Prices Reports, Rubber Market Analytics & Outlook Reports ... -269.00 -219.00 -2.42 Change rate -2.06% -1.99% -1.22% Natural Rubber Spot Market Price China Mainstream Market NR Weekly... Lack of more support rubber callback continues ... China’s RRR still relatively high by global standards, can be adjusted
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In Vietnam, Laos, Myanmar, Indonesia, Cambodia, China experimented high quality and high yield agricultural technologies on rice, corn and vegetables, which were praised by local governments and farmers. Progress has been made in the cooperation of natural rubber breeding, cultivation, processing with Malaysia, Cambodia and other countries.
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“The changes [on more than 850 items will optimize] the trade structure and promote the high-quality development of the economy,” the State Council announced in a statement earlier this week, adding that the new duties would come into effect on January 1. Read: Trade war chips away at China’s wheel of fortune
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Last year, Malaysia’s exports of rubber gloves hit an all-time high, benefitting from the synchronised recovery in global growth and demand. For 2017, exports grew at a robust pace of 19.4 per cent year-on-year to RM15.9 billion compared with RM13.3 billion previously.
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Burma - Agriculture. In Myanmar, 70% of the country's population live in rural areas depending on farmland and forests as their livelihoods drives agriculture sector an important growth engine of rural development. World Bank estimates that the country’s agriculture sector accounts for 38% of national GDP and 23% of exports.
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rubber prices Tea planters in Assam seek CM's intervention in proposed electricity tariff revision According to the tea planters Assam Power Distribution Company Limited has proposed to increase fixed charge from Rs. 250.00 to Rs. 320.00, a hike of 28% and energy charge from Rs. 7.15 per unit to Rs. 8.75 per unit for tea sector.
Send InquiryMyanmar rubber exports set to rise even as global prices
Quality issues. In September, Myanmar exported a total of 1,077 tonnes of rubber. Around 80 percent of the rubber produced is exported to China with the remaining sold to Thailand, Malaysia and Japan as well as local factories.
Send InquiryNews Review of Rubber Industry in Myanmar
News Review of Rubber Industry in Myanmar. In Myanmar, hundreds of thousands of hectares of land are leased to investors for rubber plantations, often in controversial circumstances. Only 8 percent of the total production is used within Myanmar, with the rest exported to China: 70 percent of which is of low quality.
Send InquiryNews Review of Rubber Industry in Myanmar - Royal Thai
News Review of Rubber Industry in Myanmar . In Myanmar, hundreds of thousands of hectares of land are leased to investors for rubber plantations, often in controversial circumstances. Only 8 percent of the total production is used within Myanmar, with the rest exported to China: 70 percent of which is of low quality.
Send InquiryRubber price rebound prompts some farmers to restart
That equates to around $1692 per tonne, and the export price for Myanmar rubber is around $1850, U Khaing Myint said. Myanmar rubber is not made to an international standard and still sells at a discount in the international market despite nascent efforts to address seed quality, growing methods and modernise production.
Send InquiryRubber prices fall in Myanmar due to decrease in quality
Rubber prices in Myanmar are falling despite an increase in quantity exported to China. Myanmar is a particularly good region for growing rubber because of its wet weather and high humidity. Myanmar Rubber prices have been falling in the Mon State due to low quality, the Mon State Rubber Planters and Producers Association’s chair Nai Kyan Yit told Hinthar Media.
Send InquiryMyanmar’s rubber sector held back by low production, high
Myanmar’s rubber sector held back by low production, high costs. The Chinese import our rubber because of the lower price, and with that level of quality it’s hard to find another market,” he said. At the same time, the pool of farm labour has shrunk, growers say.The low price is compounded by the poor productivity,...
Send InquiryMyanmar's rubber exports drop - Rubber Journal Asia -News
The average price of raw rubber in the world market currently stands at US$1,700 per tonne, but that of Myanmar rubber is only US$1,300 due to failure to meet the quality standard. Myanmar targets to export up to 100,000 tonNEs of rubber in the current fiscal year. According to THE official statistics, Myanmar exported 86,500 tonnes of rubber in 2013-14, with a value of US$197.5 million.
Send InquiryMYANMAR RUBBER MARKET STUDY BY MYO AUNG
MYANMAR RUBBER MARKET STUDY BY MYO AUNG. The export market of rubber is stable in spite of the current high price, which resulted from the rise in the global rubber price, businessmen said. Over 80 per cent of rubber production in Myanmar is slated for export to China. Local rubber consumption is below 10 per cent.
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