In order to catch up with the world rubber market, from early 2016 until now, the domestic final product price has been increasing more than 30%. Rubber price movements recovering positively impact onbusinesses specialized in producing rubber. As a large enterprise operating in the field of rubber, Duc Long Gia Lai Group catches up with the development trend of the market on time, therefore, the company decides to put all the area of mature rubber into processing in order to catch with the increasing price trend recently.

Up to the present time, the Group Duc Long Gia Lai owns 8,000 hectares of rubber in the Central Highlands, about 25% of them are ready to exploit. Expected after putting into operation, along with the growth of the rubber market domestic and international, this area will bring about hundreds of billions toDLGevery year.

Expected by 2020, the Group will put the entire area of ​​8,000 hectares in production that will help to contribute recognised revenue, stable profitability for the Group.

Some rubber pictures fromDuc Long Gia Lai in the Central Highlands:

Duc Long Gia Lai Group published this content on 11 November 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 25 November 2016 09:42:07 UTC.

Original documenthttp://www.duclonggroup.com/en-US/news-events/dlg-urgently-put-number-of-rubber-area-to-process

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