IPG For Smallholders Not Activated In January - MRB

KUALA LUMPUR, Feb 3 (Bernama) -- The Malaysian Rubber Board (MRB) has announced that the rubber production incentive (IPG) for cuplump and latex has not been activated for January 2025 in Peninsular Malaysia, Sabah and Sarawak.

In a statement, MRB said that the IPG would be activated if the average monthly farmgate price for cuplump rubber is RM3.00 per kilogramme (kg) or below.

As for IPG for latex, it will be activated when the cuplump’s IPG is activated. 

“The rate of IPG latex is fixed at 90 sen per kg for latex with 100 per cent dry rubber content. IPG will be paid to all eligible Malaysian rubber smallholders,” it said.

The board said that in January 2025, the average price for cuplump in Peninsular Malaysia, Sabah and Sarawak was RM3.70, RM3.40, and RM3.20 per kg, respectively.

Hence, MRB said no IPG payment will be made for this month. 

-- BERNAMA