Overview

Natural Rubber (NR) production decreased by 13.9 per cent in September 2024 (30,929 tonnes) as compared to August 2024 (35,908 tonnes). Year-on-year comparison showed that the production of NR decreased by 5.6 per cent (September 2023: 32,757 tonnes). Production of NR in September 2024 for Malaysia was mainly contributed by smallholders sector (85.9%) as compared to estates sector (14.1%).

Total stocks of NR in September 2024 decreased by 1.6 per cent to 130,608 tonnes  as compared to 132,755 tonnes in August 2024. Rubber processors factory contributed 88.6 per cent of the stocks followed by rubber consumers factory (11.2%) and rubber estates (0.2%).

Exports of Malaysia's NR amounted to 39,915 tonnes in September 2024, decreased 30.6 per cent as against August 2024 (57,482 tonnes). P.R. China remained as the main destination for NR exports which accounted 32.1 per cent of total exports in September 2024 followed by the United Arab Emirates (15.6%), Germany (11.7%), the United States of America (6.6%) and Portugal (5.3%). 

Analysis of the average monthly price showed that Concentrated Latex recorded an increase of 7.2 per cent (September 2024: 679.65 sen per kg; August 2024: 634.07 sen per kg) while Scrap increased by 3.4 per cent  (September 2024: 687.01 sen per kg; August 2024: 664.26 sen per kg). 

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Baharudin Mohamad

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Phone: 03 8885 7942

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