Production of natural rubber (NR) increased 8.7 per cent in July 2017
Production of NR in July 2017 increased by 8.7 per cent to 54,994 tonnes as compared to 50,614 tonnes in the previous month. The main contributor of NR production is from smallholding sector which is more than 90 per cent.
Average monthly price of latex concentrate dropped 55.51 sen per kilogramme to 517.57 sen per kilogramme as compared to June 2017. Standard Malaysian Rubber 20 recorded an increased in the average monthly price of 32.53 sen per kilogramme to 635.24 sen per kilogramme.
Domestic consumption of NR in July 2017 was 40,852 tonnes against 39,211 tonnes in June 2017 with an increased by 4.2 per cent. Rubber gloves industry remains as the main domestic consumer with consumption of 72.9 per cent.
Level of NR stocks at the end of July 2017 declined by 3.4 per cent to 192,196 tonnes as compared to the previous month.
Data for July 2017 is provisional. The data will be updated based on the latest available figures and subsequently published in the August 2017 publication.
THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
13 September 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