Natural Rubber (NR) increased by 5.2 per cent in December 2016
Natural rubber (NR) production increased by 5.2 per cent in December 2016 to 69,727 tonnes as compared to November 2016. The main contributor of NR production is from smallholding sector with 92.9 per cent.
Average monthly price of Latex Concentrate was 615.88 sen per kilogramme, rose by 77.43 sen per kilogramme from the previous month. For Standard Malaysian Rubber 20, the average monthly price also went up by 127.39 sen per kilogramme to 839.55 sen per kilogramme.
Exports of NR in December 2016 recorded at 61,380 tonnes increased by 12.4 per cent as compared to the previous month. Five main destinations of NR exports were China, Germany, Iran, U.S.A and Finland.
At the end of December 2016, level of NR stocks increased by 10.4 per cent to 203,451 tonnes.
Table 1 presents the principal statistics of rubber for December 2016 while Chart 1 shows the monthly time series.
Data for December 2016 is provisional. The data will be updated based on the latest available figures and subsequently published in the January 2017 publication.
THE OFFICE OF CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
14 February 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