Iran Imports 17,901 Tons of Malaysian Natural Rubber in Six Months
The report said the amount accounted for 4.2 percent of Malaysia's total exports to the seven main importers of Malaysian rubber.
The other main importers--during January-June this year--were Germany, amounting to 59,917 tons (14 percent of total), China (52,974 tons or 12.3 percent), the United States (40,714 tons or 9.5 percent), South Korea (27,276 tons or 6.4 percent), France (22,289 tons or 5.2 percent) and Brazil (17,319 tons or 4.0 percent).
"Total exports to these seven countries accounted for 55.6 percent of the total Malaysian natural rubber exports in the last six months," the report said.
For January to June this year production was 266,281 tons, an increase of 9,549 tons (+3.7 percent) when compared with the same period in 2001.
Consumption for January-June 2002 amounted to 163,579 tons, a decrease of 2,759 tons (-1.7 percent) as against that of the same period last year.
During the first six months of the current year, the major nr consuming industries were rubber gloves (90,389 tons or 55.2 percent), rubber thread (31,570 tons or 19.3 percent) and tires & tubes (23,571 tons or 14.4 percent).
The consumption of these three industries constituted 89 percent of the total domestic consumption of natural rubber.
Stocks of Malaysia's natural rubber held as at the end of June 2002 they amounted to 190,176 tons. This quantity was more than the level of stocks as of the end of the previous month by 10,699 tons (+6.0 percent).
Stocks increased by 1,002 tons (+0.5 percent) from the level as of the end of June 2001.
According to the report, imports of world's natural rubber for the period January-June 2002 came almost entirely from five countries (98.5 percent).
The countries alluded to were Thailand (171,759 tons or 72.8 percent), Vietnam (22,456 tons or 9.5 percent), Myanmar (15,400 tons or 6.5 percent), Philippines (14,084 tons or 6.0 percent) and Cambodia (8,742 tons or 3.7 percent).