PUTRAJAYA: Natural rubber (NR) production increased by 9.7% in August 2023 (31,309 tonnes) as compared to July 2023 (28,533 tonnes), according to Chie...
Natural rubber production increased by 9.7% in August 2023 as compared to July 2023 , according to Chief Statistician Malaysia Datuk Seri Dr Mohd Uzir Mahidin.
Total stocks of NR in August 2023 decreased by 0.8% to 142,620 tonnes as compared to 143,757 tonnes in July 2023. Rubber processors factory contributed 88.1% of the stocks followed by rubber consumers factory and rubber estates . Mohd Uzir said the exports performance was contributed by NR-based products such as gloves, tyre, tube, rubber thread and condom.
Analysis of the average monthly price showed that concentrated latex recorded a decrease of 3.9% while scrap decreased by 1.9% .
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