Production of natural rubber increased 17.1 per cent in December 2020
Production of natural rubber increased 17.1 per cent in December 2020 to 49,825 tonnes as compared to 42,554 tonnes in the previous month. On the contrary, year on year showed a decrease of 14.7 per cent.
Exports of Malaysia's natural rubber amounted 61,547 tonnes in December 2020, an increase of 8.9 per cent against 56,522 tonnes in November 2020. P.R. China remains as the main destination for natural rubber exports with 53.8 per cent of total exports in December 2020 followed by Germany (10.2%), United States of America (5.4%), Taiwan (2.7%) and Iran (2.5%).
Rubber gloves was the main export item with export value RM4.5 billion in November 2020, an increase of 3.6 per cent to RM4.6 billion in December 2020. United States of America, P.R. China and Germany were among the highest importer of rubber gloves.
The stocks of natural rubber decreased in December 2020 to 249,555 tonnes as compared to 259,443 tonnes in November 2020 with a decrease of 3.8 per cent.
Average price of Latex Concentrate recorded a decrease of 582.79 sen per kilogramme as compared to November 2020 (620.76 sen per kilogramme). Standard Malaysian Rubber 20 (S.M.R. 20) also decreased to 628.74 sen per kilogramme as compared to 632.74 sen per kilogramme for the same period.
Total domestic consumption for natural rubber was 42,356 tonnes, a decrease of 4.5 per cent as compared to the previous month. Rubber gloves industry continues to dominate the use of natural rubber with 31,498 tonnes or 74.4 per cent from the total domestic consumption.
Released By:
DATO' SRI DR. MOHD UZIR MAHIDIN
CHIEF STATISTICIAN MALAYSIA
DEPARTMENT OF STATISTICS, MALAYSIA
Source DOSM