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BUSINESS • 03/03/2025 01:06 PM

IPG Inactive For February 2025, No Payments For The Month

KUALA LUMPUR, March 3 (Bernama) -- The Malaysian Rubber Board (MRB) has announced that the Rubber Production Incentive (IPG) is inactive in Peninsular Malaysia, Sabah and Sarawak in February, and therefore, no payments will be made for this month. 

In a statement today, MRB said that the average farmgate prices for cuplump in February 2025 were RM3.85 per kilogramme (kg) in Peninsular Malaysia, RM3.50 per kg in Sabah and RM3.40 per kg in Sarawak.

“The IPG will be activated if the average monthly farmgate price for cuplump rubber is at RM3.00 per kg or below. If cuplump’s IPG is activated, the IPG for latex will also be activated.

“The IPG rate for latex is fixed at 90 sen per kg for latex with 100 per cent Dry Rubber Content,” the board said.

It added that the IPG would be paid to all eligible Malaysian rubber smallholders when activated.

-- BERNAMA

 

 

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