Overview

Natural rubber production dropped 22.7 per cent in April 2018

Natural rubber production in April 2018 was  35,845 tonnes, dropped by  22.7 per cent as compared to  46,381 tonnes in March 2018. For year-on-year, the production also showed a decrease of  27.1 per cent.

Average price of Latex Concentrate was  445.48 sen per kilogramme, decreased by  5.5 per cent as compared to March 2018 and the average price of Standard Malaysian Rubber 20 (S.M.R 20) also decreased by  4.6 per cent to  528.90 sen per kilogramme.

Exports of natural rubber amounted to  53,203 tonnes, dropped by  7.7 per cent than the previous month. Five main destinations of natural rubber exports were China, Germany, Iran, Turkey and Finland.

Domestic consumption of natural rubber also declined by  4.8 per cent in April 2018 to  43,527 tonnes. Natural rubber is widely used in the rubber glove industry with consumption of  32,893 tonnes or  75.6 per cent of the total natural rubber domestic consumption.

Stock of natural rubber recorded at the end of April 2018 decreased  9.8 per cent from  281,741 tonnes to  254,081 tonnes.

*Notes:

Data for April 2018 is  provisional. The data will be updated based on the latest available figures and subsequently published in the May 2018 publication.

Released By:

THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
 DrUzir_Mahidin     Dr_Uzir

12 June 2018

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