Natural rubber production in October 2019 decreased 5.2 per cent year on year
Malaysia's natural rubber production decreased 5.2 per cent in October 2019 to 48,549 tonnes as compared to the same month in the previous year. Comparison month on month also showed a decrease of 21.4 per cent from 61,731 tonnes, which is recorded in September 2019.
Exports of Malaysia's natural rubber amounted 50,600 tonnes, increased by 5.3 per cent against 48,058 tonnes in September 2019. The primary natural rubber export destination is People’s Republic of China with a share of 39.3 per cent from total exports in October 2019 followed by Germany (11.2%), Iran (6.2%), U.S.A. (3.3%) and Finland (3.2%).
Stocks of natural rubber was 189,895 tonnes in October 2019 as compared to 189,504 tonnes in September 2019, an increase of 0.2 per cent.
Average price of Latex Concentrate was 425.61 sen per kilogramme in October 2019, decreased by 2.9 per cent as compared to September 2019. Similarly, the average price of Standard Malaysian Rubber 20 (S.M.R. 20) also decreased by 2.7 per cent to 536.50 sen per kilogramme for the same period.
Total domestic consumption of natural rubber was 41,924 tonnes, an increase of 6.8 per cent against 39,264 tonnes as reported in September 2019. Rubber gloves industry dominates the use of natural rubber with 31,677 tonnes or 75.6 per cent of the total domestic consumption.
Data for October 2019 is provisional. The data will be updated based on the latest available figures and subsequently published in the November 2019 publication.
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
9 December 2019
Rohaida binti Mohamad
Public Relation Officer
Strategic Communication and International Division
Department of Statistics, Malaysia
Tel : +603-8885 7942
Fax : +603-8888 9248
Email : rohaida.mohamad[at]dosm.gov.my