Agreement Reached for the Export of Peruvian Blueberries to the Bolivian Market
Feb 25, 2025February 25, 2025
Rubber Prices Today, February 5th, 2025: Sharp Decline Across the Board
Global rubber prices saw a significant drop on February 5th, 2025, across major exchanges. Prices for March 2025 delivery on the Tokyo Commodity Exchange (TOCOM) decreased, while those on the Shanghai Futures Exchange (SHFE) also experienced substantial declines. This downturn is attributed to concerns surrounding the US-China trade war and newly imposed tariffs on various commodities. However, some traders believe that a potential shortage in natural rubber supply and anticipated economic stimulus from China could provide support for prices. Domestically, Vietnamese rubber latex prices held steady, trading between 434 and 440 VND/TSC. Major producers like Mang Yang, Ba Ria, and Phu Rieng Rubber companies maintained consistent pricing for both latex and cup lump. The Vietnamese rubber industry experienced a successful year in 2024, with Vietnam Rubber Group reporting significant revenue growth and increased profits, largely driven by higher rubber prices.
Other News
View AllThe 2024/2025 blueberry season was a record, but the next one could be even better
Feb 25, 2025Dominus: Peru's Leading Frozen Grape Exporter
Feb 25, 2025Peru's Ginger Campaign Faces Ongoing Challenges
Feb 25, 2025Report: Global Agricultural Industry Value to Reach US$227 Billion by 2029
Feb 25, 2025Global Quinoa Market: Peru and Bolivia Face New Competition
Feb 25, 2025