Overview

Natural rubber shrinked 2.0 per cent in January 2018

Natural rubber production shrinked by  2.0 per cent in January 2018 to  65,792 tonnes as compared to December 2017. Meanwhile for year-on-year comparison showed an increase of 1.4 per cent in January 2018 compared to January 2017.

Average monthly price of Latex Concentrate and Standard Malaysian Rubber 20 (S.M.R 20) in January 2018 were   474.95 sen per kilogramme and  587.69 sen per kilogramme, gained by  0.4 per cent and  1.2 per cent respectively as compared to December 2017.

Exports of natural rubber in January 2018 was recorded at  46,928 tonnes, decreased by  9.7 per cent than the previous month. Five main destinations of natural rubber exports were China, Germany, Iran, Vietnam and Brazil.

Domestic consumption of natural rubber in January 2018 rose by  1.6 per cent to  44,302 tonnes as compared to the previous month. The main industry using natural rubber was rubber glove industry at   32,854 tonnes (74.2%).

Meanwhile, in terms of stocks, the level of natural rubber stocks increased by  10.5 per cent to  254,525 tonnes at the end of January 2018.

*Notes:

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

Released By:

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

14 March 2018

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Public Relation Officer
Strategic Communication and International Division
Department of Statistics, Malaysia
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