Dau Tieng Rubber Corporation exploits 1,400 tons of rubber latex

Dau Tieng Rubber Corporation in the first half of the year exploited 1,400 tons of rubber latex or 27.15% of the projection.

Currently, the corporation’s total area of rubber trees is nearly 29,000 ha of rubber trees, including more than 20,600 ha under exploitation.

The corporation also purchased 766.35 tons of rubber latex and sold more than 16,700 tons of rubber latex with the average price of nearly US$5,000 per ton, up nearly US$2,000 per ton compared to last year’s same period.

Its total revenue was estimated at more than VND1.67bln, including over US$66mln in foreign currency revenue.

Reported by D.Binh-Translated by K.T