Rubber Market Closes Higher On Regional Gains, China-US Trade Truce

KUALA LUMPUR, Nov 10 (Bernama) -- The Kuala Lumpur rubber market closed higher on Tuesday, tracking gains in regional rubber futures markets after China and the United States extended their trade truce.

A dealer said market sentiment was further supported by encouraging economic performance in China and expectations that rising Chinese car exports would offset weakness in domestic car sales. “However, further gains were capped by declining crude oil prices, a slightly stronger ringgit against the US dollar and a modest increase in domestic rubber production, as reported by the Department of Statistics Malaysia (DOSM),” the dealer told Bernama.

DOSM reported that Malaysia's natural rubber (NR) production increased by 7.3 per cent to 31,657 tonnes in September 2026 from 29,510 tonnes in August 2026, while year-on-year, production rose by 18.8 per cent from 26,647 tonnes in September 2025.

At 3 pm, the price of Standard Malaysian Rubber 20 (SMR 20) rose by 14.5 sen to 970 sen per kilogramme (kg), while latex in bulk eased by 4.5 sen to 773.0 sen per kg.

The market was closed on Monday for the Deepavali replacement holiday.

-- BERNAMA