Overview

Natural Rubber (NR) production increased by 5.7% in  March 2016

In March 2016, production of NR registered 57,678 tonnes with an increase of 5.7 per cent as compared to February 2016. The main contributor of NR production is from smallholding sector with more than 90 per cent. 

Average monthly price of latex concentrate was 408.52 sen per kilogramme, increased by 52.94 sen per kilogramme as compared to February 2016. Meanwhile, S.M.R.20 recorded at 516.98 sen per kilogramme, went up by 62.95 sen per kilogramme as compared to previous month.

Exports of Malaysian NR increased to 53,587 tonnes as compared to February 2016. Nevertheless, the exports reduced by 12.4 per cent as compared to March 2015. The five main destinations of NR exports were China followed by Germany, Iran, U.S.A. and Finland.

Domestic consumption of NR in March 2016 recorded at 41,786 tonnes, increased by 7.4 per cent as compared to February 2016. Year-on-year comparison also showed an increase of 9.0 per cent. Rubber gloves industry recorded more than 50 per cent of NR consumption from the total domestic consumption.

The level of NR stocks held at the end of March 2016 rose by 0.9 per cent to 239,969 tonnes when compared to the previous month. Rubber Processors is the largest NR stocks holder.
 

Table 1 present the principal statistics of rubber for March 2016 while Chart 1 shows the monthly time series.

*Notes:

Data for March 2016 is provisional. The data will be updated based on the latest available figures and subsequently published in the April 2016 publication.

Released By:

THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
12 May 2016

Contact person:
Ho Mei Kei
Public Relation Officer
Corporate and User Services Division
Department of Statistics, Malaysia
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Fax : +603-8888 9248
Email : mkho@stats.gov.my

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