Overview

Natural rubber surged 35.6 per cent in January 2019

Malaysia’s natural rubber production in January 2019 was  74,638 tonnes, an increase of  35.6 per cent as compared with  55,037 tonnes in December 2018. Comparison with January 2018 showed the production of natural rubber also increased  35.6 per cent.

Malaysia's natural rubber exports amounted to 49,797 tonnes, increased 3.3 per cent against 48,183 tonnes in December 2018. China is the main destination of exported natural rubber,  39.4 per cent of the  total  exports  in  January 2019  followed  by  Germany  (16.3%), Iran (5.9%), Finland (4.9%) and U.S.A (4.5%).

Stocks of natural rubber recorded at the end of January 2019 rose 14.4 per cent from 174,004 tonnes in December 2018 to 199,070 tonnes.

Average price of Latex Concentrate in January 2019 was  393.29 sen per kilogramme, gained by 4.3 per cent whereas the average price of Standard Malaysian Rubber 20 (S.M.R.20) increased 5.8 per cent to 548.48 sen per kilogramme as compared to the average price in December 2018.

Total domestic consumption of natural rubber in January 2019 was  43,452 tonnes, an increase of  3.9 per cent against  41,833 tonnes as reported in December 2018. Natural rubber is widely used in the manufacturing of rubber glove industry with a consumption of  32,386 tonnes or  74.5 per cent of the total domestic consumption.

*Notes:

Data for January 2019 is provisional. The data will be updated based on the latest available figures and subsequently published in the February 2019 publication.

Released By:

DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
 DrUzir_Mahidin    Dr_Uzir

12 March 2019

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