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Cambodia’s rubber export surges 46 pct in 10 months

PHNOM PENH, Nov. 8 (Xinhua) — Cambodia has seen a 46 percent rise in dry rubber export in the first ten months of 2013 thanks to rising global demand, said the report of the Commerce Ministry on Friday.

The country exported 62,915 tons of dry rubber during the January-October period this year, up 46 percent from 43,100 tons over the same period last year, the report said, adding that it earned a total revenue of 146 million U.S. dollars during the period, up 16 percent from 126 million U.S. dollars at the same time last year.

In October alone, the impoverished nation exported 6,700 tons of dry rubber, generating 14.5 million U.S. dollars.

Mok Kimhong, president of the Cambodian Rubber Association, said a ton of dry rubber cost about 2,300 U.S. dollars on Friday.

“We expect that the country can export up to 75,000 tons of dry rubber this year,” he said, adding that rubber has been sold to Malaysia, Thailand, Vietnam, and China.

Last year, the country fed 54,530 tons of dry rubber to those countries, earning 158 million U.S. dollars.

Cambodia has planted rubber trees on the area of 280,350 hectares, and about 55,000 hectares of them are old enough to be yielded, according to the Ministry of Agriculture.

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