2011 rubber prices surge 132 per cent on demand
Cambodia’s 2011 rubber exports and export prices grew by 5.5 per cent and 131 per cent respectively, according to data from the Ministry of Commerce obtained by the Post. The data shows rubber exports last year totalled 46,727 tonnes, compared to 30,040 tonnes in 2010. Export prices also rose to $200.9 million from $86.76 million in 2010. Last year’s surge was primarily due to rising foreign demand and larger production hauls, Ly Phalla, general director of the Ministry of Agriculture, Forestry and Fisheries’ rubber department, said last week…
