Natural rubber production in July 2018 surged 36.3 per cent
Average price of Latex Concentrate was recorded at 415.39 sen per kilogramme whereas the average price of Standard Malaysian Rubber 20 (S.M.R. 20) was 527.80 sen per kilogramme, both diminished at 5.6 per cent and 3.2 per cent respectively as compared to the average price in June 2018.
Malaysia’s natural rubber exports amounted to 56,490 tonnes and showed an increase of 7.8 per cent. China remain the main destination, accounting for 52.4 per cent of total exports in July, followed by Germany (11.6%), Iran (7.6%), Finland (4.3%) and U.S.A (2.5%).
Domestic consumption of natural rubber in July 2018 was 44,192 tonnes against 40,820 tonnes during June 2018, with an increased of 8.3 per cent. The rubber glove industry as the main consumer uses 33,518 tonnes or 75.8 per cent of the total natural rubber domestic consumption.
Stock of natural rubber stood at 185,491 tonnes, decreased by 5.4 per cent as compared to 196,084 tonnes at the end of June.
Data for July 2018 is provisional. The data will be updated based on the latest available figures and subsequently published in the August 2018 publication.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
14 September 2018
Ho Mei Kei
Public Relation Officer
Strategic Communication and International Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : mkho[at]dosm.gov.my