KUALA LUMPUR, April 6 — Malaysia’s natural rubber production decreased by 2 percent to 29,691 tons in February as compared to 30,287 tons in January, official data showed Friday.
File picture shows the production line at a rubber factory in Malaysia. (Xinhua/Zhu Wei)
The Department of Statistics Malaysia said in a statement that the production of natural rubber increased by 9.1 percent year on year, from 27,209 tons one year ago.
Meanwhile, total stocks of natural rubber in February increased by 11.8 percent month on month to 229,719 tons.
Exports of Malaysia’s natural rubber also increased by 27.8 percent month on month to 55,082 tons in February.
China remained as the main destination for natural rubber exports which accounted for 52.3 percent of total exports in February, followed by Germany (8.9 percent), the United Arab Emirates (6 percent), the United States (4.2 percent) and India (3.3 percent).
Gloves were the main exports of rubber products with a value of 1.09 billion ringgit (230 million U.S. dollars) in February, an increase of 7 percent from January.
