Nov 25, 2011

Myanmar targets to export 100,000 tons of rubber in 2011-12

The Myanmar Rubber Planters and Producers Association is targeting to export 100,000 tons of rubber in the fiscal year 2011-12, a local media reported Wednesday.

Last year, the country's rubber export fetched 302.89 million U. S dollars, the Weekly Eleven News said, adding that the latex is able to be collected from the rubber plants which were grown in some states in the previous years for the test-run.

In the fiscal year 2010-11, Myanmar has projected over 4,860, 000 hectares of rubber plantation according to the annual expanding rubber plantation project.

Meanwhile, foreign rubber experts made a rubber-related workshop in Mawlamyine, the capital of Mon state, in September to disseminate rubber growing techniques for boosting rubber export.

Myanmar exports rubber mainly to China, Malaysia, Singapore, Vietnam, Thailand, Indonesia, South Korea and India.

Rubber grows well in Tanintharyi region, Kachin, Kayin and Shan states where planting of rubber is being transformed from a small scale to a commercial scale.

Rubber, along with jute, cotton, edible crop, stands a main industrial crop in Myanmar.

Source: Xinhua