China, Singapore, Malaysia: largest importers of Myanmar rubber

China, Singapore and Malaysia are the largest importers of Myanmar’s rubber, according to rubber exporters in Myanmar.

“Other countries that are importing Myanmar’s rubber include Indonesia, Korea, Vietnam, India and Thailand,” said Khine Myint, the secretary of Myanmar Rubber Planters and Producers Association.

Kyaw Lwin Oo, a rubber plantation owner, said that Mon State is the main producer of rubber in Myanmar, but rubber plantations are also found in Tanintharyi [Tenasserim] and Bago [Pegu] regions and Kayin [Karen] State.

Due to lack of advanced technology, rubber producers in Myanmar can export only raw rubber, he said.

Another Myanmar rubber exporter said, “Five hundred tons of rubber was exported to Singapore and Malaysia via sea routes between February 10 and 16. And we exported 1,141 tons of rubber to China and Thailand through border trade.”

On February 26, the price of RSS-1 rubber ranged from US $3,000 to $3,100 per ton, according to Myanmar Rubber Planters and Producers Association.

source: Mizzima
http://www.mizzima.com/business/8971-china-singapore-malaysia-largest-importers-of-myanmar-rubber.html