Cambodia’s rubber export up 18 percent in H1

2020-07-22

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Summary：Cambodia exported 123,151 tons of dry rubber in the first half of 2020, up 18 percent compared to the same period last year, said a General Directorate of Rubber report on Monday.

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Latex being harvested in a plantation in the Cambodian countryside.

The kingdom made a gross revenue of 160.7 million U.S. dollars from exports of the commodity during the January-June period this year, up 15 percent over the same period last year, the report said.

“A ton of dry rubber averagely cost 1,305 U.S. dollars in the first semester of 2020, about 33 dollars lower than that of the first semester of 2019,” it said.

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 404,701 hectares, in which the trees in 250,107 hectares, or 62 percent, have grown big enough to be tapped. Xinhua Source from Khmernews.

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