KUALA LUMPUR, Malaysia (April 16, 2012)—Malaysia produced 88,077 metric tons of natural rubber in February 2012, up 3.4 percent from the previous month, according to the latest figures from Malaysia's Department of Statistics.
Compared with February 2011, however, NR production decreased 3.8 percent in February 2012, the agency said.
Malaysian NR exports rose 13.3 percent in February 2012 compared with the previous month, to 64,052 tons, the agency said. Compared with the year before, however, exports were down 8 percent for the month.
Standard Malaysian Rubber comprised 93.6 percent of total exports, with SMR 20 (tire-grade rubber) taking up 47.9 percent, according to the agency. China accounted for the most exports, with 23,494 tons, followed by Germany with 9,707 tons and the U.S. with 3,449 tons.
NR imports into Malaysia totaled 64,406 tons in February, up 17.9 percent from January and 19.1 percent from February 2011. Latex concentrate led imports with 41.1 percent of the total.
Total NR stocks in Malaysia totaled 157,990 tons in February, up 5,691 from the month before but down 32,575 tons from the year before.