Natural Rubber (NR) increased by 29.5 per cent in February 2017
Production of NR in February 2017 increased by 29.5 percent to 86,403 tonnes as compared to 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 and Standard Malaysian Rubber 20 were 798.33 sen per kilogramme and 966.94 sen per kilogramme, rose by 12.3 per cent and 1.0 per cent respectively from January 2017.
In the meantime, domestic consumption of natural rubber declined by 7.9 per cent to 36,528 tonnes within the same period. Rubber gloves industry remain as the main domestic consumer of over 70 per cent.
At the end of February 2017, level of NR stocks went up by 11.3 per cent to 246,599 tonnes.
Data for February 2017 is provisional. The data will be updated based on the latest available figures and subsequently published in the March 2017 publication.
THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
12 April 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