Logo of Phnom Penh Post newspaper Phnom Penh Post - Rubber prices grow

Rubber prices grow

Rubber prices grow

CAMBODIAN rubber prices have increased about five per cent over the past year, according to Cambodian  Rubber Association president Mak Kim Hong. Top-quality rubber sold for US$4,700 a tonne at the weekend, compared with $4,475 a tonne at this time last year.  “Now there’s high demand for rubber on the international market, especially from China.  We mostly export our rubber to China,” Mak Kim Hong said. “This is the time to invest more in the sector.” Mak Kim Hong, who is also the director-general of Chub Rubber Plantation, said his company aimed to export about 10,000 tonnes of rubber to China this year.

MOST VIEWED

  • Diplomatic passports issued to foreigners to be annulled

    The Ministry of Foreign Affairs and International Cooperation will move to annul diplomatic passports issued to those not born in Cambodia. Analysts say the move may be in relation to reports that former Thai prime minister Yingluck Shinawatra used a Cambodian passport to register as

  • Hun Sen warns Irish MP of EBA ‘mistake’

    Prime Minister Hun Sen on Saturday told former Irish premier Enda Kenny, still a member of the EU nation’s parliament, that the 28-nation bloc should not make a “third mistake” regarding Cambodia by using the preferential Everything But Arms (EBA) agreement to “take 16 million

  • The hairy little heroes saving many lives in rural Cambodia

    IN RURAL Siem Reap province, rats dare to tread where no person will, as these hairy little heroes place their lives on the line each day for the good of the local community. The rodents are the most important members of a special team, leading

  • PM warns EU and opposition on 34th anniversary of his rule

    HUN Sen reached the milestone of 34 years as Cambodian prime minister on Monday and used the groundbreaking ceremony for a new ring road around Phnom Penh to tell the international community that putting sanctions on the Kingdom meant killing the opposition. “Please don’t forget