SUMMARY
In August, rubber prices on major Asian exchanges continued to rise sharply due to concerns that the global supply shortage was becoming more severe. During the first 20 days of September, global rubber prices fluctuated inconsistently across markets, but the overall trend was still upward.
Export volumes in August continued to be lower than the same month last year, despite an increase compared to the previous month. Of this, the amount of rubber exported to China and South Korea declined significantly. The average export price of Vietnamese rubber remained favorable, although it decreased slightly compared to the previous month.
Outlook: According to Vietdata, demand for rubber from the Chinese market is likely to remain weak in the coming months, amid ongoing "waves" of increased import tariffs on Chinese electric vehicles.
TABLE OF CONTENTS
A. GENERAL PERCEPTION
B. GLOBAL RUBBER INDUSTRY
World rubber supply
World Rubber Price Trends
C. THE SITUATION OF RUBBER IMPORTS IN VIETNAM
Import Volume & Value
Average Import Price
Major Import Markets
D. VIETNAM RUBBER EXPORT
Rubber export volume & value
Average rubber export price
Major export markets
Export situation of each type of rubber
Market share of Vietnamese rubber in some markets
[VI] RUBBER INDUSTRY REPORT - SEPTEMBER 2024
Number of pages: 28 pages
Format: PDF
Data series: Last 13 months
Release date: September 20, 2024