Malaysian NR Output Down 6.7%

Malaysia natural rubber production is down 6.7 per cent year-on-year, according to the local national statistics board. In October production was recorded at 97,627 tons, down 5.7 per cent compared with September. However, exports increased 1.8 per cent compared with October 2006. In October 2007 NR imports totalled 60,212 tons, up 13.8 per cent compared with September. Imports were up 64.3 per cent over October 2006. According to the data, the tyre industry consumed 11.7 per cent of Malaysia’s NR in October 2007.