Malaysia's natural rubber production rises 0.3 pct in April

Source: Xinhua| 2020-06-15 16:13:25|Editor: huaxia

KUALA LUMPUR, June 15 (Xinhua) -- Malaysia's natural rubber production rose 0.3 percent month on month to 34,616 tonnes in April, official data showed Monday.

The Malaysian Statistics Department said in a statement that the natural rubber grew 2 percent on yearly basis.

However, Malaysia's natural rubber exports fell 10.2 percent month on month to 40,596 tonnes in April.

China remains the primary natural rubber export destination with a share of 48.9 percent of the total exports.

Gloves were the highest exports item, surging 11.6 percent month on month to 1984.4 million ringgit in April.

Driven by high demand amid the COVID-19 pandemic, Malaysia's glove exports to the United States surged 295.8 percent month on month to 97,905 tonnes.

China and Germany were also among the key gloves markets, accounted for 28.8 percent and 9.9 percent of total gloves exports respectively.

Meanwhile, Malaysia's natural rubber stocks increased by 0.5 percent month on month to 321,214 tonnes in April. Enditem