Overview

Natural rubber production rose 16.3 per cent in June 2018

Natural rubber production in June 2018 surged by  16.3 per cent to  41,578 tonnes as compared to May 2018 of  35,761 tonnes. For year-on-year, the production decreased by  17.9 per cent.

Average price of Latex Concentrate was recorded at  439.83 sen per kilogramme whereas the average price of Standard Malaysian Rubber 20 (S.M.R 20) was  545.20 sen per kilogramme, both diminished at  9.7 per cent and  2.8 per cent respectively as compared to the average price in May 2018.

Exports of natural rubber amounted to  52,395 tonnes and showed a decrease of  8.5 per cent against the previous month. The main destinations for natural rubber exports were China, Germany, Iran, Turkey and U.S.A.

Domestic consumption of natural rubber in June 2018 shrank at  7.3 per cent to  40,830 tonnes. The rubber glove industry uses  31,391 tonnes or  76.9 per cent of the total domestic consumption of natural rubber.

Stock of natural rubber was  196,410 tonnes, decreased by  9.2 per cent as compared to  216,217 tonnes at the end of May 2018.

*Notes:

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

Released By:

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

13 August 2018

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