Overview

Natural rubber production in May 2018 increased 0.2 per cent

Natural rubber production rose  0.2 per cent in May 2018 to  35,789 tonnes as compared to  35,726 tonnes in April 2018. For year-on-year, the production decreased by  18.6 per cent.

Average price of Latex Concentrate was recorded at  487.03 sen per kilogramme while the average price of Standard Malaysian Rubber 20 (S.M.R 20) was  561.11 sen per kilogramme, both rose  9.3 per cent and  6.1 per cent respectively as compared to the average price in April 2018.

Exports of natural rubber amounted to  57,263 tonnes, increased  7.6 per cent than the previous month. Malaysia’s natural rubber mainly exported to China, Germany, Iran, Turkey and Finland.

Domestic consumption of natural rubber in May 2018 increased  1.5 per cent to  44,043 tonnes. Natural rubber was widely used in the rubber glove industry with consumption of  33,299 tonnes or 75.6 per cent of the total natural rubber domestic consumption.

Stock of natural rubber recorded at the end of May 2018 was  216,674 tonnes, decreased by  14.6 per cent as compared to  253,799 tonnes at the end of April 2018.

*Notes:

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

Released By:

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

12 July 2018

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