Stats Dept: Natural rubber production down 39pc m-o-m, exports 6.8 pc lower in Feb | Malay Mail

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KUALA LUMPUR, April 15 — Malaysia’s natural rubber (NR) production decreased by 39 per cent month-on-month (m-o-m) to 29,920 tonnes in February 2022 against 49,087 tonnes in January 2022, said the Department of Statistics Malaysia (DoSM). Chief statistician...

KUALA LUMPUR, April 15 — Malaysia’s natural rubber production decreased by 39 per cent month-on-month to 29,920 tonnes in February 2022 against 49,087 tonnes in January 2022, said the Department of Statistics Malaysia .

Mohd Uzir said the decline in NR production was in line with The Association of Natural Rubber Producing countries January-February monthly report, which stated that despite the positive sentiment in the NR market, there were also a number of challenges that may hinder its growth. Rubber processors factory was contributing 93.5 per cent of the final stocks followed by rubber consumers factory and rubber estates .

“The export performance was contributed by natural rubber-based products such as gloves, tyre, tube, rubber thread and condom. Meanwhile, scrap was 0.6 per cent higher at 606.41 sen per kg in February 2022 against 603.05 sen per kg in January 2022.

 

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