Myanmar Natural Rubber Quality Testing Lab in Hlegu will issue certificates when the government eases coronavirus restrictions. It depends on the pandemic situation, said U Khaing Myint, Myanmar Rubber Planters and Producers Association (MRPPA) secretary. At present, the pandemic stopped the operation of the lab. Under stay-at-home guidelines, we cannot do anything but instead stay […]
Pandemic-induced demand drives rubber price up
December 22, 2020 by
The growing demand for rubber products in the global market caused the price to increase up to K900 per pound in the domestic market, market data indicated. The growing demand of rubber gloves during the coronavirus pandemic, shortage of natural rubber, the appreciation of US dollar against Kyat are the reasons of the price rise, […]
Myanmar’s rubber exports exceed target for 2018-19
September 25, 2019 by
YANGON, Sept. 15 (Xinhua) — Myanmar exported 192,980 tons of rubber worth of 247.56 million U.S. dollars in the first 11 months from October to August of the present fiscal year 2018-19 , exceeding the targeted of 170,000 tons, according to the figures of the Ministry of Commerce on Sunday. The rubber exports increased by […]
Rubber price on the rise with demand from abroad
December 14, 2016 by
With increasing demand from abroad, the price of rubber is on the rise at Ks1,000 to Ks1,010 per pound, Mon State rubber entrepreneurs said. The price of Ribbed Smoked Sheet Type 3 (RSS- 3) rubber was between Ks800 and Ks850 per pound last month. The current rubber price has risen up to Ks1,010 per pound. […]
Rubber market sales stable despite high price
November 17, 2016 by
The export market of rubber is stable in spite of the current high price, which resulted from the rise in the global rubber price, businessmen said. Over 80 per cent of rubber production in Myanmar is slated for export to China. Local rubber consumption is below 10 per cent. However, the rubber demand in the […]
