Overview

Natural rubber production in September 2018 slumped 22.0 per cent

Malaysia’s natural rubber production in September was 49,022 tonnes, declined by 22.0 per cent as compared to 62,862 tonnes in August. Year-on-year comparisons showed the production decreased by 6.1 per cent.

Average price of Latex Concentrate was recorded at 409.18 sen per kilogramme and the average price of Standard Malaysian Rubber 20 (S.M.R. 20) was 544.29 sen per kilogramme. Both prices showed an increase of 0.5 per cent and 0.2 per cent respectively as compared to the average price in August 2018.

Malaysia’s  natural rubber exports amounted 52,365 tonnes, a decrease of 9.2 per cent as compared to August 2018. Main destination of exported natural rubber was to China accounting 49.4 per cent of total exports in September. It was followed by Germany (16.8%), Finland (5.4%), Korea (3.0%) and Turkey (2.8%).

Domestic consumption of natural rubber in September 2018 was 41,219 tonnes against 42,984 tonnes during August 2018, a reduction of 4.1 per cent. The rubber glove industry as the main consumer uses 31,454 tonnes or 76.3 per cent of the total natural rubber domestic consumption.

Stock of natural rubber stood at 179,844 tonnes, dropped by 2.3 per cent against 184,051 tonnes at the end of August 2018.

*Notes:

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

Released By:

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

13 November 2018

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