Malaysia's NR production increases
ERJ staff report (DS)
Kuala Lumpur -- Malaysia recorded an increase in production of natural rubber in January over both December and January 2007. Production of NR in January was 120 827 tonnes, up by 11.9 percent on the previous January
Exports of Malaysian NR in January 2008 stood at 79,199 tonnes, a decrease of 12.1% compared with the comparative month of 2007. The main type of rubber exported was the Standard Malaysian Rubber (S.M.R.) which accounted for 93.8% of total exports. Of the total S.M.R exported, the S.M.R. 20 variety was the highest at 42.7%.
Imports increased to 71 257 tonnes, up by 73.2% compared to the same month last year. The main type of rubber imported was latex concentrate which accounted for 57.1% of total imports in the reference month.
Domestic consumption was 40,563 tonnes, up by 16.7% when compared with the corresponding month a year ago.
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Press release from Malaysian Statistics Office
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