Overview

Natural rubber in February 2018 gained 14.9 per cent

Natural rubber production increased by  14.9 per cent in February 2018 to  63,246 tonnes as compared to January 2018. Meanwhile for year-on-year production decreased by  28.7 per cent.

Average monthly price of Latex Concentrate and Standard Malaysian Rubber 20 (S.M.R 20) in February 2018 were   456.69 sen per kilogramme and  563.14 sen per kilogramme, decreased by  3.8 per cent and  4.2 per cent respectively as compared to January 2018.

Exports of natural rubber in February 2018 was recorded at   49,627 tonnes, gained by  5.8 per cent than the previous month. Five main destinations of natural rubber exports were China, Germany, Iran, Finland and U.S.A.

Domestic consumption of natural rubber shrinked by  10.5 per cent to  39,586 tonnes in February 2018 as compared to the previous month. The main industry using natural rubber was rubber glove industry at   29,654 tonnes (74.9%).

Meanwhile, in terms of stocks, the level of natural rubber stocks increased by  11.4 per cent to  285,616 tonnes at the end of February 2018.

*Notes:

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

Released By:

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

12 April 2018

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