Kuala lumpur: The Kuala Lumpur rubber market ended mixed on Tuesday in line with regional rubber futures amid declining crude oil prices and weaker vehicle sales, a dealer said. She indicated that market sentiment remained cautious due to uncertainties surrounding the United States-Iran peace talks.

According to BERNAMA News Agency, oil prices fell on Tuesday, reversing gains in the previous session on expectations that peace talks between the US and Iran will take place this week, potentially allowing more supply to flow from the key West Asian producing region. At 5.17 pm, Brent crude oil fell by 0.29 per cent to US$95.22 per barrel.

The news agency also reported that global light vehicle sales in March declined by 3.5 per cent year-on-year to 8.2 million units, mainly due to significant contractions in the US and China. Despite this decline, Shanghai rubber futures gained on Tuesday, supported by firmer physical prices in Thailand and high synthetic rubber prices.

At 3 pm, Standard Malaysian Rubber (SMR) 20 remained unchanged at 822 sen per kilogramme (kg), while latex in bulk decreased by one sen to 764 sen per kg.