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Processing rubber for export at a factory of the Phu Rieng company in Binh Phuoc province (Photo: VNA)

High demand buoys rubber export prices in 2024

Rubber prices stayed high in the final months of last year based on limited global supply and high demand, according to Deputy General Director of the Mercantile Exchange of Vietnam Nguyen Duc Dung.
A worker extracts rubber latex at a plantation in the Central Highland province of Gia Lai. (Photo: VNA)

Rubber value soars in 2024: VRA

All Vietnam's rubber’s top 15 export markets saw growth in export values in 2024, with Malaysia recording the highest increase, expanding fivefold, followed by Sri Lanka at 3.7 times, according to the Vietnam Rubber Association (VRA).
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