The total stocks of natural rubber decreased by 0.8% to 142,620 tonnes.
KUALA LUMPUR: Malaysia’s natural rubber production increased by 9.7% to 31,309 tonnes in August from 28,533 tonnes in July, said the Department of Statistics Malaysia .Production of NR in August 2023 for Malaysia was mainly contributed by the smallholder sector compared to the estate sector .
“Rubber processors contributed 88.1% of the stocks followed by rubber consumers factory and rubber estates ,” Uzir said in a statement today. Gloves were the main exports of rubber-based products with a value of RM1 billion in August 2023, an increase of 9.4% compared to July’s RM0.96 billion.
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