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MARKET • 04/05/2026 06:04 PM

Rubber Closes Mixed Amid Ringgit Gains, Higher Crude Oil

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, May 4 (Bernama) -- The rubber market closed mixed on Monday amid a stronger ringgit against the US dollar and higher crude oil prices, a dealer said. 

At 8 am, the ringgit gained against the greenback to 3.9590/9725 from 3.9690/9740 at last Thursday’s close.  

At the time of writing, Brent crude oil prices rose 1.04 per cent to US$109.41 per barrel.

"A stronger ringgit weighed on rubber prices, while higher crude oil prices lent support, resulting in a mixed trend.

"However, gains were limited by uncertainties over the West Asia conflict and US trade policies," the dealer told Bernama. 

At 3 pm, the Standard Malaysian Rubber (SMR) 20 price increased seven sen to 866 sen per kilogramme (kg) while latex-in-bulk inched down by one sen to 750 sen per kg.

-- BERNAMA

 

 

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