Bloomberg News

Vietnam November Rubber Exports Forecast at 100,000 Tons

November 24, 2011

Nov. 24 (Bloomberg) -- Vietnam, the fourth-biggest rubber exporter in 2010, may ship 100,000 tons this month, according to figures today from the General Statistics Office in Hanoi, 12 percent more than in the same period last year.

The nation shipped 62,000 metric tons in October, down 23 percent from a previous assessment of 80,000 tons, figures from the Statistics Office show. Exports in the first eleven months of 2011 were estimated at 691,000 tons, up 1.4 percent from a year earlier.

Vietnam exported 89,000 tons in November last year according to preliminary GSO data.

--Nick Heath, Diep Ngoc Pham. Editor: K. Oanh Ha

To contact Bloomberg News staff for this story: Nick Heath in Hanoi at nheath2@bloomberg.net; Diep Ngoc Pham in Hanoi at dpham5@bloomberg.net

To contact the editor responsible for this story: K. Oanh Ha at oha3@bloomberg.net


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