Kuala lumpur: The Kuala Lumpur rubber market continued its upward momentum on Wednesday driven by positive cues from regional rubber futures, a dealer said. She noted that persistent concerns over tight natural rubber supply following adverse weather in Thailand also weighed down sentiment.

According to BERNAMA News Agency, these gains were offset by bearish signals from weak Chinese economic data. Japanese rubber futures advanced for the fourth straight session on Wednesday, buoyed by a weaker yen and ongoing supply concerns in major producing countries.

At 3 pm, the price of Standard Malaysian Rubber (SMR) 20 surged by 12 sen to 730.5 sen per kilogramme (kg), while latex-in-bulk inched up by a sen to 577.5 sen per kg.