Malaysia's NR production down by 8 percent in 2007
ERJ staff report (DS)
Kuala Lumpur -- Malaysia produced 1,200,949 tonnes of natural rubber in the 12 months to December 2007. This was 7.9 percent less than in 2006.
During January - December 2007, exports of natural rubber was mainly to the People's Republic of China 370,900 tonnes, Federal Republic of Germany 135,924 tonnes, Republic of Korea 61,136 tonnes, U.S.A. 52,692 tonnes, France 43,439 tonnes, Brazil 35,797 tonnes and Islamic Republic of Iran 27,037 tonnes. Total exports to these seven countries accounted for 71.4% of the overall NR exports.
In the same perios, imports came from Thailand 69.7%, Republic of Indonesia 10.8%, Socialist Republic of Vietnam 6.3%, Philippines 5.5% and Union of Myanmar 2.7%. Total imports from these five countries accounted for 95.0% of the overall NR imports.
The major NR consuming industries for the period January - December 2007 were rubber gloves 63.8%, rubber thread 13.0% and tyre & tubes 11.8%. The total consumption of the three industries constituted 88.6% of the overall domestic consumption of NR
At the end of December 2007, stocks of NR held was 155,857 tonnes, a decrease of 17.1 percent compared to the comparative month of last year.
In December 2007, the ratio of total production to total area tapped was 125.0 kilogram per hectare (kg/ha). This is 10.6 percent lower than a year ago.
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Press release from Malaysian Statistics office
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