In February 2012, a total of 88,077 tonnes of natural rubber (NR) was produced, an increase of 2,918 tonnes (+3.4%) compared to the previous month. Year-on-year comparison shows a decrease of 3,503 tonnes (-3.8%). The smallholding sector contributed 93.7 per cent of the total NR while the estate sector 6.3 per cent. Negeri Sembilan recorded the highest production of NR in estates (23.4%), followed by Kedah (16.7%) and Perak (14.6%).
NR exports in February 2012 increased by 7,521 tonnes (+13.3%) compared to the previous month to 64,052 tonnes. Exports fell 5,586 tonnes (-8.0%) when compared to a year ago. Standard Malaysian Rubber (S.M.R.) contributes 93.6 per cent from the total exports where 47.9 per cent comprise of S.M.R. 20.
Imports of NR was recorded at 64,406 tonnes in February 2012, increased by 9,768 tonnes (+17.9%) from January 2012 and 10,323 tonnes (+19.1%) from February 2011. Latex concentrate was the main type of rubber imported with 41.1 per cent of total imports.
NR was imported mainly from Thailand (62.1%), followed by Viet Nam (12.4%), Myanmar (6.6%) and Philippines (6.6%).
4. DOMESTIC CONSUMPTION
In February 2012, domestic consumption of NR was recorded at 35,215 tonnes, went up by 99 tonnes (+0.3%) for month-on-month and 4,405 tonnes (+14.3%) for year-on-year.
The major NR consuming industries were rubber gloves 66.2 per cent, rubber thread 10.1 per cent and tyre & tubes 7.6 per cent. The total consumption for these three industries constituted 83.9 per cent of the overall domestic consumption of NR.
At the end of February 2012, the level of stocks was recorded at 157,990 tonnes, increased by 5,591 tonnes (+3.7%), compared to the level of stocks held last month. However, the level of stocks was 32,575 tonnes (-17.1%) lower from a year ago.
6. AVERAGE MONTHLY PRICE PER KILOGRAM
(Noon Quotations - "F.O.B")
The average monthly price of NR in February 2012 on the overall showed an increase. The average price of latex concentrate was recorded at 776.00 sen, increased 104.74 sen (+15.6%) from January 2012 but dropped 285.53 sen (-26.8%) when compared to February 2011.
A total of 12,731 persons were engaged in the rubber estate in February 2012 of which 12,727 were paid employees. Total salaries & wages paid amounting to RM14.7 million. The number of paid employees increased by 0.8 per cent for month-on-month and 16.5 per cent for year-on-year.
The ratio of total NR production to total area tapped reported in February 2012 was 126.5 kilogram per hectare (kg/ha). This month's productivity was lower compared to the previous month and year at 11.7 per cent and 3.5 per cent respectively.
1. This report can be accessed through the website of the Department of Statistics, Malaysia (https://www.dosm.gov.my) under the section: Statistical Releases.
2. Data for February 2012 is provisional. The data will be updated based on the latest available figures and subsequently published in the March 2012 publication.