Cambodia's rubber export down 15 pct in March
Cambodia exported 11,751 tons of dry rubber in March 2020, a month-on-month drop of 15 percent compared with February, according to a General Directorate of Rubber report released on Friday.
The Southeast Asian country earned gross revenue of 16.4 million U.S. dollars from exports of the commodity in March, a 14-percent decrease compared with February, the report said.
"A ton of dry rubber averagely cost 1,397 U.S. dollars in March, about 17 U.S. dollars lower than that in a month earlier," Pol Sopha, director general of the General Directorate of Rubber, said in the report.
The country usually 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 about 405,485 hectares, in which 250,750 hectares, or 62 percent, have grown big enough to be tapped.
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