Natural rubber production dropped 27.1 per cent in March 2018
Natural rubber production in March 2018 was 46,082 tonnes, dropped by 27.1 per cent as compared to 63,246 tonnes in February 2018. For year-on-year, the production also showed a decrease of 43.4 per cent.
Average price of Latex Concentrate was 471.24 sen per kilogramme, increased by 3.2 per cent as compared to February 2018 whereas the average price of Standard Malaysian Rubber 20 (S.M.R 20) decreased by 1.5 per cent to 554.57 sen per kilogramme.
Domestic consumption of natural rubber also gained by 15.9 per cent in March 2018 to 45,703 tonnes. Natural rubber is widely used in the rubber glove industry with consumption of 34,617 tonnes or 75.7 per cent of the total natural rubber domestic consumption.
Stock of natural rubber recorded at the end of March 2018 showed a decrease of 2.5 per cent from 285,671 tonnes to 278,602 tonnes.
Data for March 2018 is provisional. The data will be updated based on the latest available figures and subsequently published in the April 2018 publication.
THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
15 May 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