Natural Rubber (NR) dropped by 4.1 per cent in January 2017
In January 2017, production of natural rubber dropped by 4.1 percent to 66,617 tonnes as compared to December 2016. Smallholding sector was the main contributor to the production of natural rubber which is 93.7 per cent.
Average monthly price of Latex Concentrate and Standard Malaysian Rubber 20 were 710.70 sen per kilogramme and 957.23 sen per kilogramme, increased by 15.4 per cent and 14.0 per cent respectively from the previous month.
Exports of NR in January 2017 decreased by 17.9 per cent to 50,410 tonnes as compared to December 2016. Five main destinations of NR exports were China, Germany, Iran, U.S.A. and Republic of Korea.
Meanwhile, domestic consumption of natural rubber declined by 2.5 per cent to 39,861 tonnes within the same period. The main domestic consumers of natural rubber is dominated by rubber gloves industry at 74.9 per cent.
Level of NR stocks went up by 8.8 per cent to 221,376 tonnes at the end of January 2017.
Data for January 2017 is provisional. The data will be updated based on the latest available figures and subsequently published in the February 2017 publication.
THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
13 March 2017
Ho Mei Kei
Public Relation Officer
Corporate and User Services Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : mkho[at]stats.gov.my