PETALING JAYA: Malaysia’s natural rubber (NR) production decreased by 13.7% to 23,460 tonnes in April from 27,188 tonnes in March, said the statistics department.
However, NR output increased year-on-year, up 3.4% from 22,695 tonnes in April 2022, it said.
“The smallholders sector contributed 87.7% of the production while the estates sector accounted for 12.3%,” the department said in a statement today.
Meanwhile, total NR stock decreased by 4.5% to 194,527 tonnes in April 2023 from 203,757 tonnes in the preceding month.
Rubber processing factories made up 91.2% of April’s stock, followed by rubber consumers factories (8.7%) and rubber estates (0.1%), it said.
The department also stated that exports of Malaysia’s NR amounted to 37,728 tonnes in April 2023, which decreased 17.6% from 45,789 tonnes in March 2023.
China remained the main destination for NR exports, accounting for 48.4% of total exports in April 2023, followed by Germany (11.7%), Pakistan (5.6%), Turkey (3.9%), and Portugal (3.3%).
“The export performance was contributed by NR-based products such as gloves, tyres, tubes, rubber threads and condoms.
“Gloves were the main exports of rubber-based products with a value of RM0.8 billion in April 2023, a decrease of 32.6% from RM1.2 billion in March 2023,” it said.
The average monthly price showed that latex concentrate recorded a decline of 6.6% to 495.00 sen per kg in April 2023 from 530.11 sen per kg in the preceding month, while scrap decreased by 0.7% to 465.21 sen per kg from 468.68 sen per kg previously.
Prices for all standard Malaysian rubber decreased between 0.1% and 6.6%.