Malaysia’s November natural rubber rose 11%

malaysia-rubber

Malaysia’s Department of Statistics says that the country’s natural rubber production rose 11% from October to 53,040 tonnes in November last year. However, it was down by 21% compared to the previous year.

Meanwhile, the country’s natural rubber exports fell 15.1% month on month to 46,425 tonnes in November, and were down 37% year on year. Malaysia’s natural rubber stocks remained almost unchanged from October at 132,048 tonnes as of the end of November, the department said. Year on year, the stocks were down 17.8%.