kuala lumpur: According to Malaysian Department of Statistics (DOSM), Malaysian natural rubber (NR) production increased by 8.9% to 30,556 tons in December 2022 from 28,048 tons in November 2022.
Chief statistician Dr. Datuk Seri Dr. Mohd Uzir Mahidin said December production was mainly driven by the smallholder sector (86.7%), with the real estate sector (13.3%) contributing.
However, he said that year-on-year, NR production fell by 26.7% to 41,690 tonnes in December 2021.
Mohd Uzir said NR’s total stocks last December increased by 4.1% to 201,359 tonnes compared to 193,396 tonnes the previous month.
He said the rubber processing plant category accounts for 90.9% of inventory, followed by rubber consumer factories (9%) and rubber plantations (0.1%).
“Malaysian NR exports reached 48,797 tonnes in December 2022, down 4.2% compared to November 2022 (50,927 tonnes).
“China remains the main destination for NR exports, accounting for 47.6% of total exports in December 2022, followed by Germany (4.2%), the United States (4.2%), Iran (4.1%) and Brazil (2.6%). %),” he said in the monthly rubber statistics report for December 2022, released today.
Mohd Uzir said export performance was contributed by NR-based products such as gloves, tires, tubes, rubber threads and condoms.
“Gloves are the main export of rubber-based products with a value of RM1.1 billion in December 2022, an increase of 1.5% compared to November 2022 (RM1.07 billion),” he said. rice field.
In terms of average monthly prices, latex concentrate registered a 0.5% decline at 470.21 sen/kg in December, compared with 472.58 sen/kg in November, while scrap rose 4% to 461.20 sen/month, according to DOSM. there were. The kilogram decreased in the month compared to 443.36 sen per kilogram in the previous month.
All standard Malaysian rubber (SMR) prices ranged from -0.5% to 1.1%, it said.
According to the ministry, World Bank commodity price data showed that the price of TSR 20 (technically designated rubber) increased by 6% from US$1.27 to US$1.35 per kg, while the price of SGP/MYS (Singapore/Malaysia) increased by 6%. The price increased by 7.2% from US$1.43 to US$1.54 per kg. (1 USD = RM4.30)
NR production in the fourth quarter of 2022 decreased by 18.5% to 90,399 tonnes compared to 110,969 tonnes in the third quarter of last year, down 21.6% compared to the annual performance in the fourth quarter of last year of 115,310 tonnes. I added that I did. 2021 years.
DOSM shared that the overall performance of NR production last year decreased by 19.7% to 377,047 tons compared to the previous year’s 469,669 tons.
Meanwhile, according to the Malaysia Rubber Board Digest December 2022, the decline in global factory output last November was also due to the contraction in U.S. manufacturing activity for the first time in two and a half years. .As the impact of China’s Covid-19 lockdown, it added.
