In August 2012, the total production of natural rubber (NR) was registered at 72,428 tonnes, decreased by 12,707 tonnes (-14.9%) compared to July 2012. Natural rubber production also dropped 23,303 tonnes (-24.3%) from a year ago. The biggest contributor of Malaysiaâ€™s NR was from the smallholding sector (92.9%), while the estate sector only produced 7.1 per cent. Kedah recorded the highest NR in estates (21.7%), followed by Negeri Sembilan (20.6%) and Perak (17.6%).
Malaysia's natural rubber (NR) exports was recorded at 62,458 tonnes in August 2012, dropped 240 tonnes (-0.4%) from a month ago. Compared to August 2011, NR exports decreased by 18,048 tonnes (-22.4%). Standard Malaysian Rubber (S.M.R.) contributed 94.9 per cent of the total NR exports with 53.1 per cent comprised of S.M.R. 20.
NR was mainly exported to the People's Rep. of China (43.2%), followed by Federal Rep. of Germany (13.4%), U.S.A. (4.7%), Islamic Rep. of Iran (3.9%), Rep. of Korea (3.2%), Turkey (2.9%), Finland (2.9%) and Brazil (2.9%). The total exports to these countries accounted for 77.2 per cent of the overall NR exports.
The total NR imports in August 2012 was 77,409 tonnes. Imports increased 1,517 tonnes (+2.0%) compared to July 2012 and 27,480 tonnes (+55.0%) compared to August 2011. A total of 47.8 per cent of the overall imports comprised of Standard Rubber whereas 33.9 per cent from latex concentrate.
NR was imported mainly from Thailand at 46.9 per cent, Viet Nam 28.1 per cent and Philippines 5.9 per cent. Total imports from these three countries accounted for 80.9 per cent of the overall NR imports.
4. DOMESTIC CONSUMPTION
In August 2012, the total domestic consumption of NR was 35,390 tonnes. Month-on-month comparison shows a decrease of 2,321 tonnes (-6.2%) whereas year-on-year shows an increase of 2,306 tonnes (+7.0%).
The rubber gloves industry was the highest consuming industry of NR at 25,111 tonnes (70.9%), followed by rubber thread (8.2%) and tyre & tubes (6.2%). These three industries consumed more than half of the overall domestic consumption in the country with a total of 30,185 tonnes (85.3%).
A total of 129,645 tonnes of NR stocks was recorded in August 2012, rose by 4,696 tonnes (+3.8%) compared to the previous month. Nevertheless, the level of NR stocks shows a decrease of 17,069 tonnes (-11.6%) when compared to the level of stocks in August 2011.
6. AVERAGE MONTHLY PRICE PER KILOGRAM
(Noon Quotations - F.O.B)
In August 2012, the average monthly price of latex concentrate was recorded at 567.45 sen per kilogramme. The average price of latex concentrate dropped 76.07 sen (-11.8%) from the previous month and 291.55 sen (-33.9%) from the previous year.
The average monthly price of G.M.M. 20 was recorded at 799.20 sen per kilogramme in August 2012, dropped 102.73 sen (-11.4%) for month-on-month and 553.63 sen (-40.9%) for year-on-year.
At the end of August 2012, a total of 12,476 persons were engaged in the rubber estates where 12,473 persons were paid employees with salaries and wages paid amounting to RM14.9 million. The number of paid employees reduced by 1.3 per cent from July 2012 but increased by 14.0 per cent from August 2011.
In August 2012, the productivity of NR production on estates decreased by 10.7 kilogramme per hectare (-8.0%) compared to July 2012 to 123.0 kilogramme per hectare. Year-on-year comparison also shows a reduction of 3.1 kilogramme per hectare (-2.5%).
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 August 2012 is provisional. The data will be updated based on the latest available figures and subsequently published in the September 2012 publication.