Ningbo rush goes up by 70% in price

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Category: Ningbo News

Published: Tuesday, 04 September 2012 09:19

According to Ningbo Customs, the exports of rush products reached 56.76 million US dollars in the first seven months of 2012, up 37.2% over the same period last year. The average export price of each piece reached 9 US dollars, up 72.6% over the same period last year.

In recent years, the planting area of rush has reduced to 5.73 million acres and the mat manufacturing companies have reduced from 287 to over 100 under reasonable municipal control. Every year, municipal Economic Federation of Rush Industry would release the guide price timely at the end of the harvest period to avoid vicious competition.

It is learned that Ningbo's rush products were mainly exported to Japan. In the first seven months of 2012, Ningbo exported rush products of 56.57 million US dollars to Japan, accounting for 99.7% of the total exports of the rush products.