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Natural Rubber (NR) decreased by 39.2 per cent in April 2017
Production of NR in April 2017 decreased by 39.2 per cent to 48,889 tonnes as compared to the previous month. The main contributor of NR production is from smallholding sector with a contribution exceeding 90 per cent.
Average monthly price of Latex Concentrate and Standard Malaysian Rubber 20 were 640.69 sen per kilogramme and 719.25 sen per kilogramme, decreased by 12.5 per cent and 16.7 per cent respectively from March 2017.
In April 2017, exports of NR decreased by 0.1 per cent to 59,437 tonnes as compared to March 2017. Five main destinations of NR exports were China, Germany, Finland, Iran and USA.
In the meantime, domestic consumption of NR decreased by 6.0 per cent to 39,243 tonnes within the same period. Rubber gloves industry remains as the main domestic consumer with consumption more than 70 per cent.
At the end of April 2017, level of NR stocks declined by 9.7 per cent to 231,698 tonnes.
*Notes:
Data for April 2017 is provisional. The data will be updated based on the latest available figures and subsequently published in the May 2017 publication.
Released By:
THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
14 June 2017
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Ho Mei Kei
Public Relation Officer
Corporate and User Services Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : mkho[at]stats.gov.my
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