Malaysia March rubber output down 7.7pc

Natural rubber output fell 29.1 per cent to 64,932 tonnes in March, from 91,580 tonnes registered a month earlier, and dipped 7.7 per cent when compared with 70,318 tonnes produced in the same month last year.
The Statistics Department said stocks declined 18.9 per cent to 154,493 tonnes, at end-March, from 190,565 tonnes, recorded end-February.
Exports surged 59.4 per cent to 111,020 tonnes in March from an offtake of 69,638 tonnes registered in February.
However, natural rubber imports increased 8.8 per cent to 58,833 tonnes compared with 54,083 tonnes imported in the previous month.

Domestic consumption rose 17.4 per cent to 36,161 tonnes in March from 30,810 tonnes recorded in February. -- Bernama
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