Natural Rubber (NR) increased by 6.0 per cent in November 2016
Natural rubber production rose by 6.0 per cent in November 2016 to 65,984 tonnes compared to last month. The smallholding sector was the main contributor to the natural rubber production which is 93.2 per cent.
Average monthly price of latex concentrate and S.M.R. 20 in November 2016 at 538.45 sen per kilogramme and 712.16 sen per kilogramme respectively. The average monthly price of latex concentrate increased by 50.75 sen per kilogramme (+10.4%) from October 2016. Meanwhile, the average monthly price of S.M.R. 20 increased by 102.68 sen per kilogramme (+16.8%).
In November 2016, exports of NR recorded at 54,624 tonnes dropped by 8.0 per cent as compared to the previous month. Five main export destinations of NR were China, Germany, Iran, Korea and U.S.A.
The level of NR stocks went up by 7.4 per cent to 183,900 tonnes at the end of November 2016.
Table 1 presents the principal statistics of rubber for November 2016 while Chart 1 shows the monthly time series.
Data for November 2016 is provisional. The data will be updated based on the latest available figures and subsequently published in the December 2016 publication.
THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
12 January 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