Cambodia rubber export slightly up in Q1 of 2022 with averagely cost $1,594/ton

Cambodia exported 61,839 tons of dry Cambodia rubber in the first quarter (Q1) of 2022, a slight increase of 1 percent compared to the same period last year, said a General Directorate of Rubber report on Monday. The country made $98.5 million in revenue from exports of the commodity during the January-March period this year, down 1.3 percent from $99.8 million  over the same period last year, the report said. “A ton of dry Cambodia rubber averagely cost $1,594 in the first quarter of 2022, about $42 lower than that of the same period last year,” Him Oun, director general of the General Directorate of Rubber, said in the report. The southeast Asian nation exports the commodity mainly to Malaysia, Vietnam, Singapore and China. According to the report, so far, Cambodia has planted rubber trees on a total area of 404,044 hectares, of which the trees on 310,193 hectares, or 77 percent, are old enough to be tapped. Xinhua This article was first published in Khmer Times. All contents and images are copyright to their respective owners and sources. Khmer Daily