LATEST NEWS   Malaysia maintains its stance of not recognising the Myanmar junta, with unofficial visits serving as a channel of communication to address the crisis - Mohamad Hasan | ASEAN is reviewing new approaches to strengthen the implementation of the Five-Point Consensus (5PC) on the crisis in Myanmar - Mohamad Hasan | Labour force rises to 17.33 million as of April 2026, while job losses fall to 6,197 as of June 22 - Akmal Nasrullah | As of June 18, 2026, more than RM700 million in financing has been approved for over 1,000 SMEs — Akmal Nasrullah. | Briefing on global supply crisis to be held in Parliament on Monday, June 29 -- Akmal Nasrullah | 
MARKET • 09/05/2025 05:32 PM

Malaysian Rubber Market Ends Higher

KUALA LUMPUR, May 9 (Bernama) -- The Malaysian rubber market ended the week higher ahead of the United States (US)-China trade talks and an increase in oil prices, said a dealer.

She said market sentiment was also buoyed by an encouraging economic outlook in China and hopes of easing US-China trade tensions.

“However, further gains were capped by mixed performance from regional rubber futures markets and a strong US labour market,” she said.

The dealer added that the Japanese rubber futures rose for a seventh consecutive session on Friday and were on track for weekly gains amid optimism ahead of the trade talks.

At 3 pm, the Malaysian Rubber Board reported that the price of SMR 20 rose by 6.5 sen to 756.0 sen per kilogramme (kg) while latex in bulk was up by 4.5 sen to 604.50 sen per kg.

The Kuala Lumpur rubber market will be closed on May 12, 2025 (Monday) in conjunction with Wesak Day public holiday and will resume operation on May 13.

-- BERNAMA

More News

Categories

Tags