Natural rubber production in December 2019 increased 6.2 per cent year on year
Malaysia's natural rubber production increased by 6.2 per cent in December 2019 to 58,437 tonnes as compared to the same month in the previous year. Comparison month on month also showed an increase of 10.2 per cent from 53,019 tonnes in November 2019.
Exports of Malaysia's natural rubber amounted to 50,516 tonnes, increased by 6.4 per cent against 47,488 tonnes in November 2019. The primary natural rubber export destination is the People’s Republic of China with a share of 55.9 per cent from total exports in December 2019 followed by Germany (10.1%), U.S.A (3.7%), Finland (3.6%) and Italy (2.7%).
Stocks of natural rubber in December 2019 was 245,002 tonnes as compared to 216,582 tonnes in November 2019, an increase of 13.1 per cent.
Average price of Latex Concentrate was 455.17 sen per kilogramme in December 2019, increased by 3.3 per cent as compared to November 2019. The average price of Standard Malaysian Rubber 20 (S.M.R. 20) also increased by 5.2 per cent to 595.50 sen per kilogramme for the same period.
Total domestic consumption of natural rubber was 40,351 tonnes, a decrease of 2.7 per cent against 41,463 tonnes as reported in November 2019. Rubber gloves industry dominates the use of natural rubber with 30,517 tonnes or 75.6 per cent of the total domestic consumption.
Data for December 2019 is provisional. The data will be updated based on the latest available figures and subsequently published in the January 2020 publication.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
10 February 2020
Mohd Yusrizal bin Ab. Razak
Public Relation Officer
Strategic Communication and International Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : yusrizal.razak[at]dosm.gov.my