Natural rubber production increased by 21.2 per cent in July 2022 (38,006 tonnes) as compared to June 2022 (31,369 tonnes).
Meanwhile, year-on-year comparison showed that the production of natural rubber decreased by 21.8 per cent (July 2021: 48,610 tonnes).
The Department of Statistics Malaysia in its Monthly Rubber Statistics Malaysia, July 2022 report published today, cited production of natural rubber in July 2022 for Malaysia was mainly contributed by smallholders’ sector (88.5%) as compared to estates sector (11.5%).
Total stocks of natural rubber in July 2022 decreased by 20.1 per cent to 224,591 tonnes as compared to 281,051 tonnes in June 2022.
Rubber processors factory contributed 91.8 per cent of the stocks followed by rubber consumers factory (8.2%) and rubber estates (0.1%).
Exports of Malaysia’s natural rubber amounted to 53,771 tonnes in July 2022, decreased 8.4 per cent as against June 2022 (58,685 tonnes).
China remained as the main destination for natural rubber exports which accounted 48.1 per cent of total exports in July 2022 followed by Germany (6.4%), the United States of America (4.2%), Finland (3.8%) and Pakistan (3.0%).
Analysis of the average monthly price showed that Latex Concentrated recorded a decrease of 15.9 per cent (July 2022: 532.28 sen per kg, June 2022: 632.69 sen per kg) while, for type of Scrap decreased by 2.8 per cent (July 2022: 566.13 sen per kg, June 2022: 582.21 sen per kg).
