Overview

Natural rubber production dropped 27.1 per cent in March 2018

Natural rubber production in March 2018 was 46,082 tonnes, dropped by 27.1 per cent as compared to 63,246 tonnes in February 2018. For year-on-year, the production also showed a decrease of  43.4 per cent.

Average price of Latex Concentrate was  471.24 sen per kilogramme, increased by 3.2 per cent as compared to February 2018 whereas the average price of Standard Malaysian Rubber 20 (S.M.R 20) decreased by 1.5 per cent to  554.57 sen per kilogramme.

Exports of natural rubber amounted to  57,658 tonnes, rose by 16.2 per cent than the previous month. Five main destinations of natural rubber exports were China, Germany, Finland, Turkey and U.S.A.

Domestic consumption of natural rubber also gained by 15.9 per cent in March 2018 to 45,703 tonnes. Natural rubber is widely used in the rubber glove industry with consumption of  34,617 tonnes or 75.7 per cent of the total natural rubber domestic consumption.

Stock of natural rubber recorded at the end of March 2018 showed a decrease of  2.5 per cent from  285,671 tonnes to  278,602 tonnes.

*Notes:

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

Released By:

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

15 May 2018

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