Local Rubber Market Extends Downtrend, Tracking Losses In Regional Market
KUALA LUMPUR, April 9 (Bernama) -- The Malaysian rubber market continued to close lower on Wednesday, dragged by huge losses in regional rubber futures markets, a dealer said.
| LATEST NEWS | Nipah virus: Malaysians travelling to or currently in India are advised to take precautions, practise good hygiene | MSCI's recent action is very Indonesia-specific, with no similar concerns for Malaysia -- Bursa CEO | Bursa Malaysia’s disclosure and transparency standards remain strong and IPOs with free float below 25 pct have not raised material concerns for MSCI - CEO | Bursa eyes RM28 bln IPO market cap against RM27.4 bln in 2025 with focus on larger, higher quality listings - Bursa Malaysia CEO | Government enacting National Food Security Act, a strong legal foundation to protect food sovereignty - DPM Fadillah | |
KUALA LUMPUR, April 9 (Bernama) -- The Malaysian rubber market continued to close lower on Wednesday, dragged by huge losses in regional rubber futures markets, a dealer said.
KUALA LUMPUR, April 8 (Bernama) -- The Malaysian rubber market continued to close lower on Tuesday, tracking its regional peers’ downward momentum, as global sentiment was ruled by worries over the United States (US) tariff decision and escalating trade war, a dealer said.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, April 7 (Bernama) -- The Malaysian rubber market closed lower on Monday, dragged down by the losses in the regional rubber markets and decline in benchmark crude oil prices, a dealer sai
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, April 5 (Bernama) -- The Malaysian rubber market is expected to trade on a downward bias as the aftermath of the US tariff announcements has dampened the global demand outlook, coupled with the ongoing trade war that has also contributed to a slowdown in the global economy, said the Malaysian Rubber Glove Manufacturers Association (MARGMA).
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, April 4 (Bernama) -- The Malaysian rubber market closed mixed on Friday in thin trading amid the absence of China players, a dealer said.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, April 3 (Bernama) -- The Malaysian rubber market closed lower again on Thursday in tandem with regional rubber futures markets in light of the greater-than-expected US tariff hike and sharp declines in crude oil prices, a dealer said.
KUALA LUMPUR, April 2 (Bernama) -- The Rubber Production Incentive (IPG) for March 2025 in Peninsular Malaysia, Sabah, and Sarawak was not activated because cup lump rubber’s monthly average farm gate price was above RM3.00 per kilogramme (kg).
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 29 (Bernama) -- The rubber market is expected to be soft next week due to the Hari Raya Aidilfitri holidays, said the Malaysian Rubber Glove Manufacturers Association (MARGMA).
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 28 (Bernama) -- The Malaysian rubber market closed lower on Friday, weighed down by losses in the regional rubber futures markets as investors remained cautious ahead of United States (US) President Donald Trump's tariff agenda.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 27 (Bernama) -- The Malaysian rubber market extended its losses on Thursday amid mixed performance in regional rubber markets and declines in benchmark crude oil prices, said a dealer.
KUALA LUMPUR, March 26 (Bernama) -- The Malaysian rubber market closed lower on Wednesday, weighed down by a stronger ringgit against the US dollar following weak US economic data, said a dealer.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 25 (Bernama) -- The Malaysian rubber market closed higher on Tuesday, driven by a slightly weaker ringgit and tight natural rubber supply amid the wintering season and forecasts of wet weather in major producing countries.