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Cambodia sees 24-pct rise in rubber export in 8 months

PHNOM PENH
2019-09-30 15:40

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PHNOM PENH, Sept. 30 (Xinhua) -- Cambodia exported 149,263 tons of dry rubber in the first eight months of 2019, up 24 percent over the same period last year, according to a General Directorate of Rubber report released on Monday.

The kingdom earned gross revenue of 200 million U.S. dollars from exports of the commodity during the January-August period this year, up 28 percent over the same period last year, the report said.

“A ton of dry rubber averagely cost 1,340 dollars during the first eight months of this year, about 41 dollars lower than that of the same period last year,” Pol Sopha, 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, the country has planted rubber trees on a total area of approximately 434,552 hectares, in which 234,722 hectares, or 54 percent of the cash crop, are old enough to be harvested.
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