ERJ staff report (DS)
Kuala Lumpur -- Output of natural rubber (NR) in Malaysia in August 2011 was down on the previous month, but up on the year-before figure. In August 2011, production of natural rubber (NR) totalled 95,731 tonnes, down 4,450 tonnes (-4.5 percent) when compared to July 2011. Year-on-year comparison shows an increase of 15,088 tonnes (+18.7 percent).
The biggest contributor of NR was from the smallholding sector (94.8 percent) whilst the balance from the estates sector (5.2 percent). Negeri Sembilan was the main producer of NR in estates for this month (25.2 percent), followed by Kedah (20.4 percent) and Pahang (15.0 percent).
In August 2011, exports of Malaysia's NR increased by 23,288 tonnes (40.7 percent) to 80,514 tonnes compared to July 2011. Year-on-year shows a dropped of 5.8 percent. From the total exports, 94.8 percent of total exports was from the Standard Malaysian Rubber (S.M.R.) type. The S.M.R 20 was the highest grade exported (52.0 percent).
Imports of NR amounted to 50,736 tonnes, an increase of 5.9 percent compared to the previous month. However, imports decreased by 23,929 tonnes (-32.0 percent) when compared to a year ago. Latex concentrate was the main type of rubber imported and accounted for 46.2 percent of total imports in the reference month.
Domestic consumption of NR in August 2011 was 33,167 tonnes, reduced by 1,828 tonnes (-5.2 percent)from the month of July 2011. Year-on-year comparison also showed a decrease of 5,461 tonnes (-14.1 percent).
The level of stocks of NR held as at the end of August 2011 were 145,745 tonnes, increased by 9,612 tonnes (+7.1 percent)when compared with the level of stocks as at the end of July 2011. Stocks also increased by 26,073 tonnes (+21.8 percent) when compared to the level of stocks as at the end of August 2010.
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Press release from Malaysian statistics office