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KUALA LUMPUR – Malaysia’s natural rubber (NR) production decreased by 8% year-on-year to 28,048 tonnes in November 2022 from 30,493 tonnes in the same month last year, the Statistics Department (DoSM) said.
In a statement today, chief statistician Datuk Seri Mohd Uzir Mahidin said NR production in November 2022 was mainly contributed by the smallholders’ sector (87.2%) compared with the estates’ sector (12.8%).
He said month-on-month (m-o-m), NR production decreased 11.8% to 28,048 tonnes in November 2022 from 31,795 in October 2022.
“Total stocks of NR decreased by 1.4% m-o-m to 195,353 tonnes in November with rubber processors contributing 90.4% of the stocks,” he said.
According to DoSM, exports of Malaysia’s NR increased 23% m-o-m to 51,104 tonnes in November 2022 with China remaining as the main destination, accounting for 54.3% of the total shipment, followed by the United States (3.6%), Germany (2.8%), Turkiye (2.2%) and Brazil (1.8%).
“Gloves were the main exports of rubber-based products with a value of RM1.10 billion in November 2022,” it said.
Meanwhile, it said the analysis of the average monthly prices in November 2022 showed that latex concentrate recorded an increase of 1.3% to 472.58 sen per kg from 466.42 sen per kg in October 2022 while scrap rubber declined by 5.9% to 443.36 sen per kg compared with the previous month. – Bernama, January 13, 2023