LATEST NEWS   1MDB funds: Najib found guilty on all 21 money laundering charges - High Court | 1MDB funds: Najib found guilty on fourth charge of using position to obtain gratification - High Court | 1MDB funds: Najib found guilty on third charge of using position to obtain gratification - High Court | 1MDB funds: Najib found guilty on second charge of using position to obtain gratification - High Court | 1MDB funds: Najib found guilty on first charge of using position to obtain gratification - High Court | 
MARKET • 26/08/2025 05:43 PM

Rubber Market Extends Uptrend At Close

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Aug 26 (Bernama) -- The Malaysian rubber market extended its uptrend at the close today, driven by continuous upward momentum in regional rubber futures markets, a dealer said.

She said Japanese rubber futures rose on Tuesday, supported by supply concerns due to adverse weather in top producer Thailand, adding that the market is expected to remain in consolidation mode.

“Thailand's meteorological agency warned of heavy rains and accumulations that may cause flash floods and overflows from Aug 25-27, 2025.

“Nevertheless, further gains were capped by declines in crude oil prices and the United States President Donald Trump's latest tariff announcement,” she told Bernama.

At 3 pm, the Malaysian Rubber Board reported that the price of Standard Malaysian Rubber (SMR) 20 rose 9.5 sen to 751.50 sen per kilogramme (kg), while latex in bulk increased by 4.5 sen to 571 sen per kg.

-- BERNAMA

 

 

More News

Categories

Tags