KUALA LUMPUR, Aug 29 (Bernama) -- The Rubber Production Incentive (IPG) for August 2026 in Peninsular Malaysia, Sabah, and Sarawak was not activated because cup lump rubber’s monthly average farm gate price was above RM3.00 per kilogramme (kg).
The Malaysian Rubber Board (MRB) said August 2026’s average farm gate price for cup lump rubber in Peninsular Malaysia, Sabah, and Sarawak stood at RM3.90 per kg, RM3.60 per kg and RM3.40 per kg, respectively.
“Therefore, no IPG payment will be made for the month,” it said in a statement today.
The IPG for latex will be activated simultaneously with the activation of the IPG for cuplump.
The rate of IPG for latex is fixed at RM0.90 per kilogramme for latex with 100 per cent dry rubber content (DRC).
“IPG will be paid to all eligible Malaysian rubber smallholders,” said MRB.
It was previously announced that effective January 2024, IPG will be activated if cup lump rubber's average monthly farm gate price is at or below RM3.00 per kg.
-- BERNAMA