By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, May 26 (Bernama) -- The Kuala Lumpur rubber market ended lower on Tuesday, dragged by mixed regional rubber futures markets, a dealer said.
She said that the Japanese rubber futures gained, while rubber futures on the Singapore and Shanghai exchanges declined, reflecting mixed regional market performance.
The trader added that gains in Japanese rubber futures were supported by higher Brent crude oil prices following strikes by the United States (US) military in southern Iran.
At the time of writing, Brent crude rose 3.23 per cent to US$99.25 per barrel.
“Brent crude futures rose on Tuesday, a day after the US military carried out strikes in Iran, keeping markets on edge as a deal to end the war and open the Strait of Hormuz remained elusive.
“Hopes for an imminent end to the conflict faded after the US forces conducted what Washington called defensive strikes in southern Iran, keeping markets on edge over the inflationary impact of the war,” she said.
She said that market trading remained speculative and headline-driven amid limited progress in negotiations.
The Kuala Lumpur rubber market will be closed on Wednesday, May 27, 2026, in conjunction with the Hari Raya Aidiladha public holiday, and trading will resume on Thursday, May 28, 2026.
At 3 pm, the price of Standard Malaysian Rubber (SMR) 20 declined eight sen to 882.50 sen per kilogramme (kg), while latex-in-bulk fell by five sen to 758 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
