Natural rubber production increased 1.9 per cent in November 2018
Malaysia’s natural rubber production increased by 1.9 per cent in November to 52,174 tonnes as compared to 51,209 tonnes in October. Year-on-year comparisons showed the production decreased by 11.1 per cent.
Average price of Latex Concentrate was recorded at 380.63 sen per kilogramme whereas the average price of Standard Malaysian Rubber 20 (S.M.R. 20) was 509.35 sen per kilogramme, both fell 5.2 per cent and 6.2 per cent respectively as compared to the average price in October 2018.
Malaysia’s natural rubber exports amounted 52,943 tonnes, a decrease of 2.3 per cent as compared to October 2018. Main destination of exported natural rubber was to China, 56.9 per cent of the total exports in November. This was followed by Germany (11.9%), Finland (4.6%), Iran (3.0%) and Korea (3.0%).
Domestic consumption of natural rubber in November 2018 was 42,834 tonnes against 44,771 tonnes during October 2018, a decrease of 4.3 per cent. The rubber glove industry as the main consumer consumed 76.4 per cent (32,744 tonnes) of the total natural rubber domestic consumption.
Stock of natural rubber stood at 169,920 tonnes, gained by 2.6 per cent as compared to 165,550 tonnes at the end of October 2018.
Data for November 2018 is provisional. The data will be updated based on the latest available figures and subsequently published in the December 2018 publication.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
14 January 2019
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