Overview

Natural Rubber (NR) increased by 6.0 per cent in November 2016

Natural rubber production rose by  6.0 per cent in November 2016 to  65,984 tonnes compared to last month. The smallholding sector was the main contributor to the natural rubber production which is  93.2 per cent.

Average monthly price of latex concentrate and  S.M.R. 20  in  November 2016  at  538.45 sen  per kilogramme and  712.16 sen  per kilogramme  respectively.   The  average  monthly  price  of  latex  concentrate  increased  by  50.75 sen  per kilogramme  (+10.4%)  from October 2016.  Meanwhile, the average monthly price  of  S.M.R. 20  increased  by  102.68 sen  per kilogramme  (+16.8%).

In November 2016, exports of NR recorded at  54,624 tonnes dropped by  8.0 per cent as compared to the previous month.  Five main export destinations of NR were China, Germany, Iran, Korea and U.S.A.

Domestic consumption of NR rose by  1.1 per cent to  41,197 tonnes over the same period.  73.8 per cent of domestic consumption dominated by the rubber glove industry.

The level of NR stocks went up by  7.4 per cent to  183,900 tonnes at the end of November 2016.

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

*Notes:

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

Released By:

THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
12 January 2017

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Ho Mei Kei
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Department of Statistics, Malaysia
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