Malaysia’s total trade surpassed the RM2 trillion mark from January to October this year, reaching RM2.181 trillion, with exports amounting to RM1.186 trillion while imports were valued at RM995.55 billion.

The Malaysian rubber market is expected to trade in a range-bound pattern with an upward bias this week.The Malaysian Rubber Glove Manufacturers Association’s past president Denis Low said that uncertainties will be the primary determinant of the rubber market in the next several weeks, in both supply and demand.

The supply glut in the glove sector, leading to industry consolidation and capacity rationalisation, is expected to continue exerting pressure on the bottomline of Kossan Rubber Industries Bhd.

The Malaysian Rubber Board (MRB) and Singapore-based technology company Agridence Rubber Pte Ltd have tied up in a technical collaboration to set up a digital trading platform for sustainable natural rubber.

With the Lok Sabha election fast approaching, the Kerala Congress (M) has begun laying the groundwork to address the concerns of farmers. In an effort to solidify its support in Central Travancore, KC(M) has launched initiatives to win over farmers by drawing attention to their various issues, including a decline in rubber prices, title deeds for settler farmers in the highlands, and wild animal attacks.

Japanese rubber futures snapped a seven-session rally on Friday, as crude oil prices slumped and the yen showed signs of recovery.

Japanese rubber futures rose on Tuesday to touch a one-month high, driven by a softer yen and expectations among market participants ahead of a meeting between the top leaders from the world’s two largest economies later this week.

THE government will continue to assist rubber smallholders affected by price decline and volatility by working together with major rubber-producing countries under the International Tripartite Rubber Council framework, the Plantation and Commodities Ministry said.