Kuala lumpur: The Kuala Lumpur rubber market concluded trading on a lower note on Tuesday, influenced by mixed trends in regional futures and fluctuating crude oil prices, as reported by a local dealer.

According to BERNAMA News Agency, the market sentiment was adversely affected by disappointing Chinese economic data and a delay in the release of economic data in the United States due to a partial government shutdown. Despite these challenges, the dealer noted that the decline in rubber prices was partially mitigated by positive global manufacturing indicators and optimism surrounding a potential easing of geopolitical tensions.

The dealer further highlighted that Japanese rubber futures experienced a decline for the third consecutive session, driven by weak domestic demand. By 3 pm, the Standard Malaysian Rubber (SMR) 20 had decreased by 10 sen to 754.50 sen per kilogram, while latex-in-bulk saw a minor reduction of 1.5 sen, settling at 576 sen per kilogram.