Production of natural rubber (NR) recorded in March 2012 was 67,376 tonnes, dropped 20,701 tonnes (-23.5%) compared to the previous month's. However, year-on-year, production rose by 1,388 tonnes (+2.1%). The largest contributor of NR was from the smallholding sector totalling 94.7 per cent while the estate sector only contributes 5.3 per cent. Negeri Sembilan is still the highest producer of NR in estates (23.3%), followed by Kedah (18.4%) and Johor (14.8%).
Malayisa exports 69,937 tonnes of NR in March 2012, an increase of 5,894 tonnes (+9.2%) compared to the previous month. Nevertheless, exports fell 41,083 tonnes (-37.0%) if compared to a year ago. Standard Malaysian Rubber (S.M.R.) contributes 94.7 per cent from the total exports where 45.7 per cent comprised of S.M.R. 20.
The main destination for exports of NR were the People's Republic of China (40.1%), followed by Federal Republic of Germany (14.2%), U.S.A. (5.0%), Republic of Korea (4.1%), Brazil (3.4%), Netherlands (2.8%), Portugal (2.2%), United Kingdom (2.2%) and France (2.2%). The total exports to these countries accounted for 76.2 per cent of the overall NR exports.
In March 2012, imports of NR was recorded at 64,841 tonnes. Imports went up by 489 tonnes (+0.8%) for month-on-month and 6,007 tonnes (+10.2%) for year-on-year. Almost half of the total imports comprised of latex concentrate (40.2%).
NR was imported mainly from Thailand (63.7%), followed by Viet Nam (12.8%), Philippines (5.6%) and Myanmar (5.0%).
4. DOMESTIC CONSUMPTION
The domestic consumption of NR increased by 4,179 tonnes (+11.9%) from February 2012 reaching 39,203 tonnes in March 2012. Domestic consumption also shows an increase of 2,875 tonnes (+7.9%) compared to a year ago.
The rubber gloves industry is the major NR consuming industry (62.8%), followed by rubber thread (11.5%) and tyre & tubes (7.5%). The total consumption for these three industries constituted 81.8 per cent of the overall domestic consumption of NR.
The level of stocks in March 2012 was recorded at 142,358 tonnes. Month-on-month and year-on-year comparison shows a decrease in the level of stocks at 15,614 tonnes (-9.9%) and 14,603 tonnes (-9.3%) respectively.
6. AVERAGE MONTHLY PRICE PER KILOGRAM
(Noon Quotations - "F.O.B")
In March 2012, the average monthly price of NR showed a small increase. The average price of latex concentrate was recorded at 782.91 sen, increased by 6.91 sen (+0.9%) from the previous month whereas for year-on-year, the average price of latex concentrate dropped 204.18 sen (-20.7%).
The average price of S.M.R. 20 went up by 10.75 sen (+1.0%) reaching 1,120.25 sen but dropped 308.97 sen (-21.6%) from the previous year.
A total of 12,545 persons were engaged in the rubber estate in March 2012 with paid employees totalling 12,541 and total salaries & wages paid amounting to RM12.3 million. The number of paid employees dropped by 1.8 per cent from the previous month and 16.3 per cent from the previous year.
In March 2012, the ratio of total NR production to total area tapped was 82.3 kilogram per hectare (kg/ha). This month's productivity of NR was lower compared to the previous month and year at 34.5 per cent and 10.3 per cent respectively.
1. This report can be accessed through the website of the Department of Statistics, Malaysia (https://www.dosm.gov.my) under the section:Statistical Releases
2. Data for March 2012 is provisional. The data will be updated based on the latest available figures and subsequently published in the April 2012 publication.