KUALA LUMPUR: The government has disbursed over RM515.93 million to 230,851 to rubber smallholders under the Rubber Production Incentive (IPG) since its inception in September 2015 to May 31 this year.

In a parliamentary reply, Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani said the implementation of IPG was aimed at guaranteeing the welfare and easing the burden of rubber smallholders during the uncertainty of rubber prices and ensure that they continue rubber tapping activities to generate income.

"As announced in the 2024 Budget, the activation pricing level (PHP) for IPG has been increased to RM3 per kg from January this year, with an allocation amounting to RM400 million.

"Apart from helping to ease the burden of smallholders, the grant of IPG by the Madani government is also an incentive for them to continue improving their yields," he said in response to Muhammad Ismi Mat Taib (PN-Parit ).

Ismi inquired about to what extent the IPG has helped the daily lives of rubber tappers.

Johari said the government is always concerned with the welfare of rubber smallholders, whose income will be affected when the price of rubber declines.

"Like other commodities, natural rubber is export-oriented, where the price depends on the agreement between the buyer and seller, and it is beyond the government's control."


Sumber : New Straits Times

KUALA LUMPUR, April 6 (Xinhua) -- Malaysia's natural rubber production decreased by 2 percent to 29,691 tons in February as compared to 30,287 tons in January, official data showed Friday.

The Department of Statistics Malaysia said in a statement that the production of natural rubber increased by 9.1 percent year on year, from 27,209 tons one year ago.

Meanwhile, total stocks of natural rubber in February increased by 11.8 percent month on month to 229,719 tons.

Exports of Malaysia's natural rubber also increased by 27.8 percent month on month to 55,082 tons in February.

China remained as the main destination for natural rubber exports which accounted for 52.3 percent of total exports in February, followed by Germany (8.9 percent), the United Arab Emirates (6 percent), the United States (4.2 percent) and India (3.3 percent).

Gloves were the main exports of rubber products with a value of 1.09 billion ringgit (230 million U.S. dollars) in February, an increase of 7 percent from January.


Sumber : English News

NAKHON SI THAMMARAT: Malaysian rubber company, Thung Yai Rubber Co. Ltd, is hopeful that the Thai government will consider allowing natural rubber producers to import raw rubber from sources beyond the country.

Director Steven Te of Thung Yai said currently there is a supply shortage and the company is facing difficulties in getting supply of rubber from plantations.

"The supply shortage issue, could be due to the current hot season and influenced by rubber prices," he said here today.

Te mentioned that in order to secure the supply of raw rubber, the company is forced to pay higher prices since the import of raw rubber is prohibited in Thailand.

He expressed hope that this issue can be addressed during future bilateral meetings between the leaders of the two countries.

Te added that the natural rubber produced by the factory is mainly used domestically, with exports to China, Europe, and Middle Eastern countries.

"Our production capacity is estimated at 4,000 tonnes per month to supply STR10, STR20 and STR Mixtures Rubber," he said.

Thung Yai Rubber, a joint venture involving companies from Malaysia, China, and Thailand, is headquartered here and maintains an office in Songkhla, Southern Thailand.

Earlier today, Malaysia’s Ambassador to Thailand, Datuk Jojie Samuel, along with the Consul General of Malaysia in Songkhla, Ahmad Fahmi Ahmad Sarkawi, visited the rubber factory located on Tahan Chang Road.

Jojie stated that Thung Yai Rubber is a well-established rubber factory that has been operating here since 1998.

"We always wanted to hear from the Malaysian business owners on their investment, potential expansion and also challenges in doing business here.

"We are also ready to assist them in anyway we could to help them expand their business," he said. - Bernama


Sumber : The Star