Spot rubber finished higher on Wednesday. RSS-4 improved to Rs.130 from Rs.129 and Rs.129.50 a kg, respectively, according to traders and the Rubber Board. The grade firmed up to Rs.126 (125.50), according to dealers. The volumes continued to remain low.

Benchmark Tokyo rubber futures rose slightly on Wednesday on a weaker yen and tracking gains in Shanghai rubber.

Benchmark Tokyo rubber futures edged up slightly on Tuesday tracking gains in Shanghai rubber, but remain pressured by high stocks.

Gold prices on Wednesday held steady near a one-year low hit in the previous session, as the dollar firmed after Federal Reserve Chairman Jerome Powell's U.S. economic outlook reinforced views the central bank is on track to steadily hike interest rates.

The government plans to reduce rubber plantation area this year as a continuation of its efforts to raise domestic rubber prices.

Co-operative Cocoa Farmers have are gearing up to petition President Akuffo Addo through the ministry of Food and Agriculture to ban what they described as illegal cutting down of cocoa trees for the cultivation of rubber in cocoa communities in the Eastern,

The monthly household income of rubber smallholders in Johor is expected to increase to RM4,000 monthly by 2020, from RM1,200 monthly at present.

Cambodian rubber exports surged 21 percent during the first half of the year, compared to the same period last year, the Ministry of Agriculture said on Sunday.

Benchmark Tokyo rubber futures extended gains on Friday on the back of a weaker yen, but the strength was limited amid worries over supply surplus and rising stockpiles in main consuming markets such as China.

Malaysia's natural rubber production in May increased 0.2 percent month on month to 35,789 tonnes, said its statistics department Thursday.