In July 2012, the total production of natural rubber (NR) which was registered at 85,321 tonnes, reduced by 545 tonnes (-0.6%) when compared to a month ago. Comparison to July 2011 also showed a decrease of 14,960 tonnes (-14.9%). The smallholding sector was the biggest contributor of Malaysia's NR (93.5%), while the the estate sector only 6.5 per cent. Kedah recorded the highest NR in estates (21.2%), followed by Negeri Sembilan (20.0%) and Perak (16.1%).
A total of 62,723 tonnes of Malaysia's natural rubber (NR) was exported in July 2012. Exports increased by 2,590 tonnes (+4.3%) from June 2012 and 5,497 tonnes (+9.6%) from July 2011. Standard Malaysian Rubber (S.M.R.) contributed 95.3 per cent of total NR exports with 58.8 per cent comprise of S.M.R. 20 .
NR was mainly exported to the People's Rep. of China (40.3%), followed by Federal Rep. of Germany (12.4%), Islamic Rep. of Iran (6.7%), Rep. of Korea (4.7%), U.S.A. (4.2%), South Africa (2.8%), Brazil (2.4%) and Finland (2.1%). The total exports to these countries accounted for 75.6 per cent of the overall NR exports.
In July 2012, Malaysia imported a total of 75,981 tonnes of NR. Imports shows a high increase when compared to a month and a year ago at 13,946 tonnes (+22.5%) and 28,083 tonnes (+58.6%). A total of 39.2 per cent of the overall imports comprised of latex concentrate.
NR was imported mainly from Thailand at 65.0 per cent, Viet Nam 17.9 per cent and Philippines 4.3 per cent. Total imports from these three countries accounted for 87.2 per cent of the overall NR imports.
4. DOMESTIC CONSUMPTION
Total domestic consumption of NR was recorded at 37,614 tonnes in July 2012. Comparing to June 2012, domestic consumption went up by 1,806 tonnes (+5.0%). Year-on-year comparison also shows an increase of 2,619 tonnes (+7.5%).
The rubber gloves industry was the highest consuming industry of NR at 25,787 tonnes (68.6%), followed by rubber thread (8.5%) and tyre & tubes (7.3%). These three industries consumed more than half of the overall domestic consumption in the country with a total of 31,718 tonnes (84.4%).
At the end of July 2012, the level of stocks of NR rose by 8,374 tonnes (+7.2%) to 123,956 tonnes when compared to the previous month. However, the level of NR stocks decreased by 12,176 tonnes (-8.9%) against the level of stocks a year ago.
6. AVERAGE MONTHLY PRICE PER KILOGRAM
(Noon Quotations - F.O.B)
In July 2012, the average monthly price of latex concentrate was recorded at 643.52 sen per kilogramme. The average price of latex concentrate dropped when compared to the previous month and year at 20.19 sen (-3.0%) and 230.69 sen (-26.4%) respectively.
The average monthly price of G.M.M. 20 was recorded at 901.93 sen per kilogramme, rose by 3.12 sen (+0.3%) for month-on-month but dropped 439.38 sen (-32.8%) for year-on-year.
The number of estate workers engaged in the rubber estates at the end of July 2012 was recorded at 12,349 persons where 12,345 persons were paid employees with salaries and wages paid amounting to RM15.2 million. The number of paid employees reduced by 1.5 per cent from June 2012 and increased by 12.0 per cent from July 2011.
The productivity of NR production on estates increased by 10.6 kilogramme per hectare (+8.7%) to 133.0 kilogramme per hectare in July 2012 when compared to Jun 2012. However, productivity reduced by 8.4 kilogramme per hectare (-5.9%) when compared year-on-year.
1. This report can be accessed through the website of the Department of Statistics, Malaysia (http://www.dosm.gov.my) under the section: Statistical Releases.
2. Data for July 2012 is provisional. The data will be updated based on the latest available figures and subsequently published in the August 2012 publication.