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Production of natural rubber gained 14.3 per cent in December 2017
Natural rubber (NR) production gained by 14.3 per cent in December 2017 to 67,125 tonnes as compared to November 2017. Smallholding sector remained as the main contributor of NR production which is more than 90 per cent.
Average monthly price of Latex Concentrate and Standard Malaysian Rubber 20 (S.M.R 20) in December 2017 were 473.11 sen per kilogramme and 580.79 sen per kilogramme, decreased by 0.4 per cent and 0.1 per cent respectively as compared to November 2017.
Exports of NR in December 2017 was recorded at 51,995 tonnes, increased by 9.3 per cent than the previous month. Five main destinations of NR exports were China, Germany, Iran, U.S.A. and Finland.
Domestic consumption of NR in December 2017 rose by 2.7 per cent to 43,617 tonnes as compared to the previous month. The largest industry using NR was rubber glove industry at 32,169 tonnes (73.8%).
Meanwhile in terms of stocks, the level of NR stocks increased by 6.4 per cent to 230,315 tonnes at the end of December 2017.
*Notes:
Data for December 2017 is provisional. The data will be updated based on the latest available figures and subsequently published in the January 2018 publication.
Released By:
THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
13 February 2018
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Strategic Communication and International Division
Department of Statistics, Malaysia
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Email : mkho[at]stats.gov.my
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