KUALA LUMPUR: Malaysia’s natural rubber (NR) production increased by 9.7 percent to 31,309 tonnes in August from 28,533 tonnes in July, said the Depar...
: Malaysia’s natural rubber production increased by 9.7 percent to 31,309 tonnes in August from 28,533 tonnes in July, said the Department of Statistics Malaysia .Production of NR in August 2023 for Malaysia was mainly contributed by the smallholders sector compared to the estates sector .
“Rubber processors contributed 88.1 percent of the stocks followed by rubber consumers factory and rubber estates ,“ Mohd Uzir said in a statement today. Gloves were the main exports of rubber-based products with a value of RM1.0 billion in August 2023, an increase of 9.4 percent compared to July’s RM0.96 billion.
DOSM said that an analysis of the average monthly price showed that concentrated latex recorded a 3.9 percent month-on-month decline to 471.09 sen per kilogramme in August from 490.18 sen per kg in July.“Prices for all Standard Malaysian Rubber decreased between 0.7 and 3.9 percent,“ DOSM said.
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