Natural rubber in February 2018 gained 14.9 per cent
Average monthly price of Latex Concentrate and Standard Malaysian Rubber 20 (S.M.R 20) in February 2018 were 456.69 sen per kilogramme and 563.14 sen per kilogramme, decreased by 3.8 per cent and 4.2 per cent respectively as compared to January 2018.
Exports of natural rubber in February 2018 was recorded at 49,627 tonnes, gained by 5.8 per cent than the previous month. Five main destinations of natural rubber exports were China, Germany, Iran, Finland and U.S.A.
Domestic consumption of natural rubber shrinked by 10.5 per cent to 39,586 tonnes in February 2018 as compared to the previous month. The main industry using natural rubber was rubber glove industry at 29,654 tonnes (74.9%).
Data for February 2018 is provisional. The data will be updated based on the latest available figures and subsequently published in the March 2018 publication.
THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
12 April 2018
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