By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Sept 10 (Bernama) -- The Malaysian rubber market ended mixed today due to weaker advice from the regional rubber futures markets, a dealer said.
She said sentiment was clouded by uncertainties surrounding the United States (US) interest rate decision and the ongoing geopolitical crisis.
“Nevertheless, further losses were capped by gains in crude oil prices,” she told Bernama.
Oil prices rose on Wednesday following heightened geopolitical tensions in Qatar, while US President Donald Trump urged Europe to impose tariffs on buyers of Russian oil.
However, a weak market outlook limited further gains.
At 3 pm, the Malaysian Rubber Board (MRB) reported that the price of Standard Malaysian Rubber 20 (SMR 20) declined by 1.5 sen to 745.5 sen per kilogramme, while latex-in-bulk increased by 2.4 sen to 577 sen per kilogramme.
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