Malaysia's natural rubber production falls 27.6 pct in March

0 Comment(s)Print E-mail Xinhua, May 6, 2021
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KUALA LUMPUR, May 6 (Xinhua) -- Malaysia's natural rubber production in March decreased by 27.6 percent to 36,068 tonnes as compared to 49,840 tonnes in the previous month, official data showed Thursday.

On a year-on-year basis, the natural rubber production increased by 4.5 percent in March, according to Malaysian Statistics Department.

Exports of Malaysia's natural rubber rose 7.7 percent to 58,852 tonnes in March, up from 54,632 tonnes in February.

China remained the main destination for the Southeast Asian country's natural rubber exports, with 51.8 percent of the total in March, followed by Germany with 6.4 percent, Finland with 5.3 percent, the United States with 4.8 percent and Brazil, 2.3 percent.

Rubber gloves was the main export item with an export value of 6.4 billion ringgit (about 1.6 billion U.S. dollars) in March, an increase of 9.4 percent from February.

The United States was biggest importer of the rubber gloves, followed by Germany and China.

Meanwhile, the stocks of natural rubber decreased by 1.6 percent in March to 281,672 tonnes as compared to 286,117 tonnes in February. Enditem

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