Kuala lumpur: The Kuala Lumpur rubber market concluded with mixed results on Tuesday, impacted by downtrends in regional rubber futures, declining crude oil prices, and a slightly stronger ringgit against the US dollar, a dealer indicated.

According to BERNAMA News Agency, the ringgit surged to the 4.08 level against the US dollar at the opening this morning, marking its strongest performance in nearly five years. This development played a role in shaping the market's outcome for the day.

Meanwhile, the Brent crude oil price saw a decline, easing by 1.07 percent to US$59.91 per barrel at the time of writing. This decrease in crude oil prices contributed to the mixed results in the rubber market, as traders remained vigilant ahead of key economic data from the United States.

The dealer added that market sentiment was also influenced by cautious trading behavior. However, potential losses were mitigated by encouraging Chinese auto sales figures and Beijing's announcement of a new stimulus package aimed at supporting the economy.

At 3 pm, the price of Standard Malaysian Rubber (SMR) 20 dropped by 2.0 sen to 723.50 sen per kilogram, while latex-in-bulk prices remained constant at 576.50 sen per kilogram.