Natural rubber production shrank 32.4 per cent in April 2019
Malaysia’s natural rubber production in April 2019 was 33,864 tonnes, a decrease of 5.2 per cent as compared to 35,726 tonnes as recorded in April 2018. Month-on-month comparison showed the production of natural rubber shrank by 32.4 per cent from 50,109 tonnes in March 2019.
Exports of Malaysia's natural rubber amounted 55,930 tonnes, increased by 5.0 per cent against 53,265 tonnes in March 2019. China is the main destination of exported natural rubber, 41.9 per cent of the total exports in April 2019 followed by Germany (14.4%), Finland (7.4%), Iran (6.1%) and U.S.A (3.3%).
Stocks of natural rubber recorded in April 2019 was 183,096 tonnes, decreased by 9.5 per cent from 202,246 tonnes in March 2019.
Average price of Latex Concentrate was 495.52 sen per kilogramme in April 2019, rose by 4.5 per cent and the average price of Standard Malaysian Rubber 20 (S.M.R.20) also increased 3.6 per cent to 613.86 sen per kilogramme as compared to the average price recorded in March 2019.
Total domestic consumption of natural rubber was 43,737 tonnes a decrease of 0.6 per cent against 43,981 tonnes as reported in March 2019. Natural rubber is widely used in the manufacturing of rubber glove industry with a consumption of 33,048 tonnes or 75.6 per cent of the total domestic consumption.
Data for April 2019 is provisional. The data will be updated based on the latest available figures and subsequently published in the May 2019 publication.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
14 June 2019
Public Relation Officer
Strategic Communication and International Division
Department of Statistics, Malaysia
Tel : +603-8885 7187 / 7942
Fax : +603-8888 9248
Email : jpbkkp[at]dosm.gov.my