Malaysia's September Rubber Production Subsidy Nationwide Launch

- Oct 30, 2019-

In a statement, the authorities said that the subsidies for the rubber in the peninsula, Sabah and Sarawak were 45 sen/kg, 75 sen/kg and 55 sen/kg, respectively. The average farm delivery price for the Peninsula, Sabah and Sarawak cups in September was RM2.05/kg, RM1.75/kg and RM1.95/kg, respectively.

The statement also stated that the small rubber planter can apply for an IPG claim based on the September production from October 1st to 31st, 2019.

IPG will start in January this year, when the average monthly price of SMR20FOB is RM 6.10 / kg or the farm delivery price is RM 2.50 / kg or even lower, IPG will start. Previously, the IPG's starting price was a farm delivery price of RM2.20/kg.