Natural Rubber (NR) increased by 3.3 per cent in October 2016
Natural rubber (NR) production increased by 3.3 per cent in October 2016 to 62,010 tonnes as compared to September 2016. The main contributor of NR production is from smallholding sector with 91.5 per cent.
Average monthly price of Latex Concentrate was 487.70 sen per kilogramme, rose by 31.57 sen per kilogramme from the previous month. For Standard Malaysian Rubber 20, the average monthly price also went up by 58.50 sen per kilogramme to 609.48 sen per kilogramme.
Exports of NR in October 2016 recorded at 59,379 tonnes increased by 7.9 per cent as compared to the previous month. Five main destinations of NR exports were China, Germany, Iran, Turkey and Finland.
At the end of October 2016, level of NR stocks increased by 2.4 per cent to 171,606 tonnes.
Table 1 presents the principal statistics of rubber for October 2016 while Chart 1 shows the monthly time series.
Data for October 2016 is provisional. The data will be updated based on the latest available figures and subsequently published in the November 2016 publication.
THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
13 December 2016
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