According to data released by the Malaysian Statistics Bureau on Monday, the country’s natural rubber production in June 2018 was 41,578 tons, an increase of 16.3% from 35,761 tons in May and a decrease of 17.9% from the same period last year.
According to data released by the Malaysian Statistics Bureau on Monday, the country’s natural rubber production in June 2018 was 41,578 tons, compared with 35,761 tons in May.
In June, the average price of concentrated latex was 439.83 sen per kg, while the price of SMR20 rubber in Malaysia was 545.20 sen per kg, which was 9.7% and 2.8% lower than the average price in May.
According to data released by the Malaysian Statistics Bureau on Monday, the country’s natural rubber production in June 2018 was 41,578 tons, compared with 35,761 tons in May.
Malaysia’s natural rubber exports in June were 52,395 tons, a decrease of 8.5% from the previous month. The main export destinations are China, Germany, Iran, Turkey and the United States.
In the same month, Malaysia’s domestic natural rubber consumption decreased by 7.3% to 40,830 tons. The rubber glove industry used 31,391 tons of natural rubber, accounting for 76.9% of the country’s total domestic consumption.
Natural rubber stocks were 196,410 tons, a decrease of 9.2% from 216,217 tons at the end of May.
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