By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 17 (Bernama) -- The Kuala Lumpur rubber market ended higher on Monday, supported by optimism over potential Chinese economic stimulus and a correction in the ringgit against the US dollar, a dealer said.
He told Bernama that sentiment improved as persistent rain in major natural rubber-producing countries disrupted tapping.
“However, further gains were capped by mixed signals from regional rubber futures markets and softer crude oil prices,” the dealer said.
Citing China’s Finance Minister Lan Foan, he said Beijing plans to strengthen fiscal policy over the next five years in line with evolving economic conditions.
He added that Thailand’s meteorological agency has warned of heavy rain and possible flash floods and overflows from Nov 18–22, 2025 in the world’s top rubber-producing country.
At 3 pm, the Malaysian Rubber Board said the price of Standard Malaysian Rubber 20 rose 1.0 sen to 725.50 sen per kilogramme, while latex-in-bulk increased 2.0 sen to 570 sen per kilogramme.
-- BERNAMA