2 days ago
- Business
- New Straits Times
Malaysia's natural rubber production up 5.9 per cent in June 2025
KUALA LUMPUR: Natural rubber (NR) production increased by 5.9 per cent to 25,679 tonnes in June 2025 versus 24,256 tonnes in May 2025, according to the Statistics Department Malaysia (DOSM) today.
However, on a year-on-year (y-o-y) basis, NR production for the month was 14.1 per cent lower compared to 29,881 tonnes in June 2024, DOSM chief statistician Datuk Seri Dr Mohd Uzir Mahidin said in a statement today.
He said smallholders accounted for 84.7 per cent of NR production for June 2025, while estates contributed 15.3 per cent.
DOSM said month-on-month (m-o-m), NR stocks decreased by 11.4 per cent to 164,189 tonnes in June 2025 from 185,324 tonnes in May 2025.
The rubber processor factory contributed 85.2 per cent of the stock, followed by the rubber consumers factory (14.7 per cent) and the rubber estates (0.1 per cent).
NR exports totalled 29,719 tonnes in June 2025, down 17.3 per cent m-o-m against May 2025 (35,939 tonnes).
China remained as the main destination for NR exports, accounting for 33.9 per cent of total exports in June 2025, followed by Germany (18.1 per cent), the United Arab Emirates (9.6 per cent), the United States (7.3 per cent) and India (3.8 per cent), DOSM said.
Export performance was contributed by NR-based products such as gloves, tyres, tubes and rubber threads.
Gloves exports stood at RM1.2 billion in June 2025, a 1.7 per cent fall against May 2025 (RM1.3 billion).
Meanwhile, analysis of the average monthly price showed that the price of concentrated latex slid by 9.0 per cent to 558.66 sen per kg from 613.80 sen per kg in May 2025.
Scrap decreased by 7.0 per cent m-o-m to 564.13 sen per kg in June 2025 from 606.67 sen per kg in May 2025.
"Price trends for all Standard Malaysian Rubber (SMR) showed a decline of between 8.9 per cent and 10.7 per cent. The World Bank Commodity Price Data reported that the prices for TSR 20 (Technically Specified Rubber) decreased 5.4 per cent from US$1.70 per kg to US$1.61 per kg.
"SGP/MYS (Singapore/Malaysia) decreased 1.5 per cent from US$2.19 per kg to US$2.16 per kg," it added.
