Malaysian rubber output up

Output of natural rubber in Malaysia, one of the world's leading producers, rose 5.6 percent from a month earlier to 88,449 tonnes in June, the state-run Malaysian Rubber Board said on Monday. But exports of mainly standard Malaysian rubber fell 3.7 percent to 74,846 tonnes, the industry regulator said.
For the year to June China was the largest buyer, taking 175,206 tonnes, followed by Germany, which imported 68,399 tonnes and the United States with 32,933 tonnes. Malaysia buys natural rubber, mostly in the form of latest concentrates from Thailand, Indonesia, Philippines, Vietnam and Myanmar, for its glove-making industry - the largest in the world. Rubber stocks at the end of June fell 8.0 percent from a month ago to 118,411 tonnes.