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Rubber Production Drops 20.3% MoM In March
Rubber Production Drops 20.3% MoM In March

BusinessToday

time14-05-2025

  • Business
  • BusinessToday

Rubber Production Drops 20.3% MoM In March

Malaysia's Natural Rubber production decreased by 20.3 per cent in March 2025 as compared to February 2025 according to the latest report by Department of Statistics. On a Year-on-year comparison, it showed that the production of NR increased by 6.5 percent while production was mainly contributed by the smallholders sector (90.9%) as compared to the estates sector (9.1%). DOSM noted that total stocks increased by 4.1 percent to 215,054 tonnes as compared to 206,665 tonnes in February 2025. Rubber Processors Factory contributed 87.6 percent of the stocks, followed by Rubber Consumers Factory (12.3%) and rubber estates (0.1%). Exports amounted to 52,573 tonnes in March, a decrease of 4.1 percent as against February 2025 (54,847 tonnes). China remained the main destination for NR exports, which accounted for 47.7 percent of total exports in March 2025, followed by Germany (8.0%), %), the United States of America (7.4%), the United Arab Emirates (6.3%) and Egypt (3.3%). The exports performance was contributed by NR-based product such as gloves, tyre, tubes and rubber thread. Gloves were the main exports of rubber-based products with a value of RM1.3 billion in March 2025, an increase of 9.5 per cent as compared to February 2025 (RM1.2 billion). Analysis of the average monthly price showed that Concentrated Latex recorded an increase of 0.4 per cent (March 2025: 696.05 sen per kg; February 2025: 693.13 sen per kg) while Scrap decreased by 1.1 per cent (March 2025: 761.92 sen per kg; February 2025: 770.44 sen per kg). Trend of prices for all Standard Malaysian Rubber (S.M.R) is mixed between increased 0.4 per cent and decreased 1.9 per cent. Related

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