KUALA LUMPUR, Malaysia (Dec. 13, 2011)—Malaysia's natural rubber production rose 10.4 percent in October 2011 compared with September, to 85,800 metric tons, according to the latest figures from the Malaysian Department of Statistics.
However, the strong October showing didn't prevent year-on-year production through October from falling 8.8 percent, the agency said. Smallholders were responsible for 94.5 percent of production, it said.
Total Malaysian NR exports in October were 78,967 tons, down 0.4 percent from September. Compared with October 2010, however, exports increased by 1.3 percent, the agency said. Standard Malaysian Rubber comprised 93.9 percent of exports, it said.
NR imports to Malaysia totaled 61,123 tons in October, down 5.1 percent from September but up 1.8 percent from October 2010. Latex concentrate led NR imports with 38.3 percent, the agency said.
Malaysian domestic consumption of NR was 35.394 tons in October, up 8.5 percent from September but down 6.6 percent compared with October 2010, the agency said.
Total Malaysian NR stocks were 139,388 tons in October, up 1.9 percent over September 2011 and 1.0 percent over October 2010, the agency said.