The Malaysian rubber industry continued to perform exceptionally well with exports surging 150.0 per cent year-on-year (y-o-y) to RM44.43 billion in the first half of the year (1H2021), from RM17.77 billion in 1H2020.
The Malaysian Rubber Council (MRC) said downstream rubber products exports – which comprised 89.7 per cent of the total rubber industry’s exports – had soared by 180.2 per cent y-o-y, driven by the strong performance in latex goods, particularly gloves products
KUALA LUMPUR, Aug 11 The Malaysian rubber industry continued to perform exceptionally well with exports surging 150.0 per cent year-on-year (y-o-y) to RM44.43 billion in the first half of the year (1H2021), from RM17.77 billion in 1H2020. The Malaysian Rubber Council (MRC) said downstream.
Bursa Malaysia opened slightly higher but retreated thereafter as profit-taking started to emerge in selected heavyweights following the recent gains, dealers said. At 9.28am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) declined 6.53 points to 1,497.91 from Wednesday’s close of 1,504.44.