Natural Rubber (NR) decreased by 10.0 per cent in May 2017
Production of NR in May 2017 decreased by 10.0 per cent to 44,010 tonnes as compared to the previous month. The main contributor of NR production is from smallholding sector with a contribution exceeding 90 per cent.
Average monthly price of Latex Concentrate and Standard Malaysian Rubber 20 were 630.52 sen per kilogramme and 650.05 sen per kilogramme, decreased by 1.6 per cent and 9.6 per cent respectively from April 2017.
In the meantime, domestic consumption of NR increased by 4.4 per cent to 40,896 tonnes within the same period. Rubber gloves industry remains as the main domestic consumer with consumption of more than 70 per cent.
At the end of May 2017, level of NR stocks declined by 10.1 per cent to 208,299 tonnes.
Data for May 2017 is provisional. The data will be updated based on the latest available figures and subsequently published in the June 2017 publication.
THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
12 July 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