KUALA LUMPUR, Malaysia (June 22, 2009)—In the month of April, production of NR in Malaysia was 55,690 metric tons, a decline of 24 percent compared to April 2008, but up by 17.5 percent compared to the previous month, according to Malaysia Rubber Statistics.
Exports for the month amounted to 45,670 metric tons, a decrease of 49 percent on the same month a year ago and a fall of 6.4 percent on the month of March.
Imports, however, grew. Malaysia imported 51,380 metric tons in April, up by 22.5 percent over April 2008 and up by 7.9 percent on March 2009.
Despite these swings in trade, domestic consumption was recorded at 37,170 metric tons, up by 7.5 percent from the same period the year before, though marginally down on last month's consumption.
Stocks were just 113,000 metric tons, down by 22 percent on a year ago and down by 11 percent on the previous month.