Rubber Market Ends Lower On Weaker Regional Markets, Geopolitical Tensions
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Sept 12 (Bernama) -- The Malaysian rubber market ended lower on Friday, weighed down by weaker sentiment in regional rubber futures amid ongoing geopolitical tensions and uncertainty over the United States (US) interest rate decision, a dealer said.
She noted that market sentiment was further pressured by falling crude oil prices.
“Nevertheless, further losses were capped by encouraging economic performance in China and the US,” the dealer told Bernama.
She also said that Japanese rubber futures fell on Friday as elevated raw material costs and declining processed rubber prices squeezed producer margins.
Meanwhile, oil prices dropped on Friday, adding to steep declines from the previous session, as concerns over a potential softening of US demand and broad oversupply offset worries about supply disruptions from conflicts in the Middle East and Ukraine.
As at 3 pm, the Malaysian Rubber Board reported that the price of Standard Malaysian Rubber 20 (SMR 20) fell by one sen to 737.0 sen per kilogramme (kg), while latex-in-bulk eased 0.5 sen to 575.5 sen per kg.
The Kuala Lumpur rubber market will be closed on Sept 15 and 16, 2025 (Monday and Tuesday) in conjunction with the Malaysia Day public holiday, and will resume operations on Sept 17, 2025 (Wednesday).
-- BERNAMA