Rubber Market Extends Uptrend On Return Of Chinese Buyers

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 9 (Bernama) -- The Malaysian rubber market extended yesterday’s uptrend at the close on Thursday, in tandem with regional rubber futures, following the return of Chinese buyers to the market amid steady crude oil prices, said a dealer.

Japanese rubber futures edged higher on Thursday, tracking the Nikkei and supported by the resumption of trade in China after the National Day holiday.

The dealer said market sentiment was also lifted by the improved global economic outlook released by the International Monetary Fund (IMF), while rubber prices were supported by a report on declining local natural rubber (NR) production from the Department of Statistics Malaysia (DOSM).

DOSM reported that local NR production decreased by 12.8 per cent in August 2025 to 31,285 tonnes, compared with 35,884 tonnes in July 2025.

“Nevertheless, further gains were capped by a slightly stronger ringgit amid global economic uncertainties following the extended US government shutdown and geopolitical tensions in the Middle East,” he told Bernama.

At the time of writing, Brent crude was up 0.29 per cent at US$66.30 per barrel.

Meanwhile, at 3 pm, the Malaysian Rubber Board reported that the price of Standard Malaysian Rubber 20 (SMR 20) rose by 4.5 sen to 740 sen per kilogramme (kg), while latex-in-bulk added one sen to 574 sen per kg.

-- BERNAMA