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Malaysia sees natural rubber output drop in September

The natural rubber output of Malaysia in September was 49,022 tonnes, falling 22 percent on a monthly basis, according to the country’s Department of Statistics.

Hanoi (VNA) – The natural rubber output ofMalaysia in September was 49,022 tonnes, falling 22 percent on a monthly basis,according to the country’s Department of Statistics.

Compared to the same period last year, the figure showed a6.1 percent decrease.

The volume of rubber export in the month also reduced by 9.2percent from August to 52,365 tonnes.

China is still the main importer of Malaysia’s naturalrubber, accounting for 49.4 percent of the Southeast Asian country’s rubberexports.

Stock of natural rubber shrank 2.3 percent in September to179,844 tonnes.

Domestic consumption of natural rubber in the reviewed monthdropped 4.1 percent to 41,219 tonnes, with the rubber glove industry remainingthe main consumer, accounting for 76.3 percent of the total rubber consumptionin the domestic market.-VNA

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