Kuala Lumpur:The rubber market in Kuala Lumpur concluded with mixed results on Tuesday due to supply disruptions caused by heavy rains in major rubber-producing regions.
According to BERNAMA News Agency, the persistent rainfall in Southeast Asia affected rubber tapping activities, which led to an increase in physical prices and bolstered market sentiment.
Additionally, the market received a boost from strong sales in the global automotive industry. Notably, electric vehicle sales in the European Union reached a record 1.64 million units from January to August 2026, marking a 45 percent increase compared to the previous year.
In the United States, sport utility vehicles and trucks continued to dominate new-vehicle sales, while several sedan models, including those from Honda and Toyota, experienced sustained growth in 2026.
Despite these positive factors, the rubber market's gains were limited by mixed signals from regional rubber futures markets, declining crude oil prices, and a slightly stronger ringgit against the US dollar.
By 3 pm, the Standard Malaysian Rubber 20 (SMR 20) remained steady at 1,053.5 sen per kilogram, while bulk latex saw a rise of 4.5 sen, reaching 758.5 sen per kilogram.