City
Epaper

Cambodia earns $472 million from rubber latex exports in 10 months

By IANS | Updated: November 20, 2024 18:00 IST

Phnom Penh, Nov 20 Cambodia earned $472 million in revenue from exports of natural rubber latex in the ...

Open in App

Phnom Penh, Nov 20 Cambodia earned $472 million in revenue from exports of natural rubber latex in the first 10 months of 2024, up 22.5 per cent over the same period last year, an official report showed on Wednesday.

The kingdom exported 291,269 tonnes of the commodity during the January-October period this year, up 2.6 per cent over the same period last year, said the report of the General Directorate of Rubber, Xinhua news agency reported.

"A ton of rubber latex averagely costs $1,621 during the first 10 months of 2024, about $264 higher than that of the same period last year," Khun Kakada, acting 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, Cambodia has so far planted rubber trees on a total area of 407,172 hectares, and trees on 320,184 hectares are old enough to be tapped.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

FootballIndia U20 women all set for first friendly against Uzbekistan in Tashkent

ThaneThane Hit And Run Accident: Constable Dies After Being Hit by Dumper Near Cadbury Junction, Accused Arrested

AurangabadContempt Petition: Notice to Chief & Exec Engs of National Highways

AurangabadStartups from Marathwada secure 20 patents; DPIIT secretary urges bigger goals

AurangabadRs 35K monthly interest being levied on maidservant

International Realted Stories

InternationalUN warns of humanitarian crisis as Afghan migrants return from Iran, Pakistan

International"Relationship is complex, don't think any US tech going there soon": Warfare expert John Spencer on US-Pak ties

InternationalGermany mulls handing Afghan Consulate to "Taliban" to expedite deportations

InternationalOperation Baam marks major expansion of Baloch armed resistance, says activist

International"It was a test of India's indigenous systems vs Chinese systems...": Warfare expert Spencer on Pakistan's escalation during Op Sindoor