Rubber export: Not easy to remove quota
(InfoTV) - China is still importing large rubber from Vietnam, with an output of about 43,400 tons, valued at 109.3 million, accounting for 62% market share.
General Department of Customs has announced the production of rubber exported to China quarter 1/2012 reached 69.822 tons. Average export price is low, only about $ 2,746 / ton, down 8.8% compared to May 12.2011. If over the same period last year, rubber exports in January this year fell 7.9% in volume, 42.6% in value and 37.6% of unit price. China is still importing large rubber from Vietnam, with an output of about 43,400 tons, valued at 109.3 million, accounting for 62% market share.
Mr. Dinh Van Tien, head of import and export corporations Vietnam Rubber Industry (VRG) said: "rubber exports in the first months in 2012 to China in particular, the other general market flourishes when demand and prices have risen sharply. " Currently, according to Tien, the sale of rubber to China, though still accounting for more than 60% of total production, but the enterprise was able to figure out different ways of trading and export many different ways, not just women subject to quota as before.
According to Dinh Van Tien, for large plants have inherent advantages, latex processing technology of international standards, often choose the export quota to the U.S., EU, Japan, India, South Korea. Even more prestigious industrial plants in China also chose to enter the ranks of rubber of some large enterprises in Vietnam to get good quality goods. Main export quota is basically how to do business, to ensure payment to the seller, less chance of the market ...
Ms. Tran Thi Thuy Hoa, general secretary of Vietnam Rubber Association, said that although rubber export quota are having difficulty, but a good sign it's right at the beginning of this year, more members have reported finding a way to access the Chinese market by the export turnover.
In 2011, 208 of rubber export enterprises, enterprises still have to 165 depending on the production quota.
Mr. Huynh Tan Chao, head of corporate investment plans Binh Long Rubber Limited said that this time, businesses are focusing on delivery under long term contracts, rather than wishing to bring the rubber quota Cyan gate. "The purchasing procedures at border gates with China traders but simple, but businesses are often passive because of trade policies in this unstable so I think the transaction is no longer attractive. Enterprises must allocate reasonable market for safety, "said meta-analysis.
However, China is the import tariff quota of rubber at 25% (0% quota). Border trade trading method that Vietnam enterprises rated "unattractive", the Chinese traders, the tariffs are too high should still make choices they prefer. According to Le Van Xuong, chief representative office Binh Long Rubber Limited, China strictly controlled only for a while, but where there again. Rubber is still carrying out jam jam, how much is sold out, well good price, bad bad price. Therefore, firstly, the latex processing plant less interested private technological innovation, improve quality still exist, because of how much they produce, before later also sold off by quota .