RUBBER PRODUCTION INCENTIVE ACTIVATED FOR SEPTEMBER 2023
newscatcher
2023-09-29 13:35
RUBBER PRODUCTION INCENTIVE ACTIVATED FOR SEPTEMBER 2023
KUALA LUMPUR, Sept 29 (Bernama) -- The Rubber Production Incentive (IPG) for smallholders has been activated for Peninsular Malaysia, Sabah and Sarawak based on the September 2023 production, said the Malaysian Rubber Board (MRB). MRB said the average price at the farm level for cup lump or scrap rubber in September was RM2.65 per kilogramme (kg) for Peninsular Malaysia, RM2.30 per kg for Sabah and RM2.20 per kg for Sarawak. 'Meanwhile, the activated IPG for cup lump and latex for the month in Peninsular Malaysia is at the rate of five sen per kg for 50 per cent dry rubber content (DRC) and 10 sen per kg for 100 per cent DRC,' it said in a statement today.

https://www.bernama.com/en/business/news.php?id=2230160

#bernama
Hide Comments Comments (0)

You must login before you can post a comment.