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Production of natural rubber (NR) dropped 14.1 per cent in September 2017
Natural rubber (NR) production dropped by 14.1 per cent in September 2017 to 52,472 tonnes compared to August 2017. Smallholding sector is the main contributor of NR production which is more than 90 per cent.
Average monthly price of latex concentrate and S.M.R.20 in September 2017 at 552.31 sen per kilogramme and 660.50 sen per kilogramme respectively. The average monthly price of latex concentrate increased by 8.79 sen per kilogramme (1.6%) from August 2017. Meanwhile, the average monthly price of S.M.R.20 increased by 16.25 sen per kilogramme (2.5%).
Exports of NR in September 2017 recorded at 45,144 tonnes, decreased by 18.3 per cent than the previous month. Five main destinations of NR exports were China, Germany, Iran, Finland and U.S.A.
Meanwhile, domestic consumption of NR in September 2017 decreased by 3.6 per cent to 40,254 tonnes from previous month 73.5 per cent of domestic consumption dominated by the rubber glove industry.
The level of NR stocks went up by 0.3 per cent to 194,095 tonnes at the end of September 2017.
*Notes:
Data for September 2017 is provisional. The data will be updated based on the latest available figures and subsequently published in the October 2017 publication.
Released By:
THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
13 November 2017
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Email : mkho[at]stats.gov.my
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