Malaysia's natural rubber production rises 6.6 pct in August

Source: Xinhua| 2020-10-15 17:32:11|Editor: huaxia

KUALA LUMPUR, Oct. 15 (Xinhua) -- Malaysia's natural rubber production grew 6.6 percent to 44,543 tonnes in August from the previous month, official data showed on Thursday.

Malaysian Statistics Department said in a statement that on a yearly basis, the natural rubber production fell 22.7 percent from the same month in the previous year.

The department also said the exports of natural rubber dropped by 6 percent month-on-month to 42,658 tonnes. China remains as the main export destination, accounting for a share of 46.8 percent.

Rubber gloves continued to be the main export item. Its export value, however, slipped 5.2 percent to 3 billion ringgit (about 720 million U.S. dollars) in August.

The stocks of natural rubber in August also declined by 0.7 percent month-on-month to 233,537 tonnes. Enditem