Natural Rubber Output Soars By 19.7 Per Cent In May

KUALA LUMPUR, July 14 (Bernama) -- Malaysia's natural rubber output rose to 65,254 tonnes in May this year, an increase of 19.7 per cent or 10,724 tonnes from the previous month's production.

Year-on-year, the production increased 9.2 per cent or by 5,521 tonnes, while exports increased 35.6 per cent for the month, the Department of Statistics said.

However, the export of natural rubber in May this year decreased by 6.2 per cent to 64,232 tonnes when compared with exports in the month of April.

The level of stocks also decreased by 17,782 tonnes to 120,731 tonnes in May when compared with the previous month, but year-on-year the stocks rose by 13.9 per cent.

Imports in May meanwhile was down by 15.7 per cent when compared with the corresponding period of last year. The imports were however marginally up by 0.8 per cent at 49,734 tonnes when compared with imports in April this year.

(bernama.com)