Overview

Production of natural rubber (NR) increased 11.1 per cent in August 2017

Production of NR in August 2017 was  61,252 tonnes against 55,121 tonnes in July 2017 with an increase of  11.1 per cent. Smallholding sector was the main contributor to the NR production of  93.0 per cent.

Average   monthly   price   of   Latex   Concentrate    was   543.52  sen   per   kilogramme,    rose   by   25.95  sen   per   kilogramme    (5.0%)  from July 2017. Meanwhile, Standard Malaysian Rubber 20 went up by  9.01 sen per kilogramme to  644.25 sen per kilogramme (1.4%).

Exports of NR recorded in August 2017 was  55,563 tonnes,  17.1 per cent higher than the previous month. Five main destinations of NR exports were China, Germany, Iran, U.S.A. and Finland.

Domestic consumption of NR increased by  2.0 per cent to  41,715 tonnes over the same period. Rubber gloves industry remains as the main domestic consumer with consumption of  73.3 per cent.

Level of NR stocks at the end of August 2017 went up by  1.1 per cent to  194,281 tonnes as compared to the previous month.

*Notes:

Data for August 2017 is  provisional. The data will be updated based on the latest available figures and subsequently published in the September 2017 publication.

Released By:

THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
12 October 2017

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Ho Mei Kei
Public Relation Officer
Corporate and User Services Division
Department of Statistics, Malaysia
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Fax : +603-8888 9248
Email : mkho[at]stats.gov.my

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