Malaysian NR Production Up 17%

Malaysia’s Department of Statistics reported that production of natural rubber for July was 100,281 metric tons, an increase of 14,895 mt (+17.4%) compared to the previous month. For year-on-year, production of NR rose by 23.7% compared to July 2010.

The highest consumption of NR was from the rubber glove industry (65.3%), followed by rubber thread (13.5%) and tires and tubes (7.8%). These three industries consume more than three quarters of the overall domestic consumption in the country with a total of 30,341 mt (86.7%)