Malaysia completely banned the export of rubber wood

In order to promote domestic furniture production, we heard that Malaysia completely banned the export of rubber wood,but not sure this is true or not .
Rumors that Malaysian furniture manufacturers export output in 2020 to reach 12 billion ringgit. At present, the Malaysian government has completely banned the export of rubber wood.

Malaysia is currently the world’s eighth largest furniture exporter.

Over the past 20 years, the Malaysian government has been in the process of cyclical implementation and lifting of the ban on the export of rubber wood, in order to balance the domestic demand for factory and furniture manufacturers.

The mill says the timber prices on the export market are higher, and the furniture maker says it needs to buy a lot of wood at a reasonable price to meet the needs of the order. Last year, the Malaysian mill plant exported about 300 million ringgit rubber wood to Vietnam and China.

Most of the rubber trees in Malaysia are cultivated by Kobayashi. A rubber tree produces about 25 years of latex, and then its productivity is drastically reduced, so farmers tend to re-grow rubber trees with more productive clones.

The plant will be planted out of the rubber tree into wood and then exported or sold to domestic furniture manufacturers to process them into flooring, wood-based panels or made into furniture.

Ma Po is Malaysia’s largest furniture hub, accounting for two-thirds of Malaysian furniture exports.

It is estimated that with the implementation of the ban on the export of rubber wood, the cost of raw materials for wooden furniture manufacturers will be reduced

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