MARKET > NEWS

Rubber Market Closes Lower On Weaker Oil, Firm Ringgit

21/07/2025 05:51 PM

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, July 21 (Bernama) -- The Malaysian rubber market ended slightly lower on Monday, weighed down by weaker crude oil prices and a firmer ringgit against the US dollar, a dealer said.

The dealer added that the decline also reflected lingering uncertainties over potential US trade tariffs and the ongoing crisis in the Middle East.

“However, losses were limited by optimism surrounding US-China trade talks and signs of increased economic stimulus from China,” she told Bernama.

At the time of writing, Brent crude oil fell 0.38 per cent to US$68.96 per barrel.

At 3 pm, the Malaysian Rubber Board (MRB) reported the price of Standard Malaysian Rubber 20 (SMR 20) eased by half-a-sen to 735.50 sen per kilogramme, while latex in bulk dropped 2.0 sen to 569.50 sen per kg.

-- BERNAMA 

 

 


BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; www.bernama.com; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies.

Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial

© 2025 BERNAMA   • Disclaimer   • Privacy Policy   • Security Policy