ZCZC
BCN-25
MALAYSIA-RUBBER-PRODUCTION
Malaysia’s natural rubber production up marginally in May
KUALA LUMPUR, July 12, 2018 (BSS/Xinhua) – Malaysia’s natural rubber
production in May increased 0.2 percent month on month to 35,789 tonnes, said
its statistics department Thursday.
However, the production decreased by 18.6 percent year-on-year.
Meanwhile, the natural rubber exports grew 7.6 percent month-on-month to
57,263 tonnes, with China remaining to be the largest exports market,
accounting for 53.3 percent of the total exports.
Other main exports markets were Germany (12.7 percent), Iran (5.8
percent), Turkey (3.2 percent) and Finland (3 percent).
Domestic consumption of natural rubber in May went up 1.5 per cent to
44,043 tonnes.
Malaysia’s natural rubber was widely used in the rubber glove industry
with consumption of 33,299 tonnes or 75.6 percent of the total natural rubber
domestic consumption.
Stock of natural rubber recorded at the end of May stood at 216,674
tonnes, a 14.6-percent decrease compared to that at the end of April.
BSS/XINHUA/HR/1350