Environment-friendly deal: Nadicorp chairman Tan Sri Mohd Nadzmi Mohd Salleh (left) sharing a light moment with Mohd Akbar after the signing ceremony. Looking on is Malaysian Rubber Board chairman Datuk Ahmad Hamzah.
KUALA LUMPUR: Rubber prices may improve slightly next year on an increase in demand for tyres from Japan, the United States and Europe.
“Rubber is expected to be priced between RM5 and RM5.50 per kg in the first half of 2016 for the SMR 20,” Malaysian Rubber Board director-general Datuk Dr Mohd Akbar Md Said told reporters after a signing ceremony between the board and Nadicorp Holdings Sdn Bhd for the trial application of environmentally-friendly tyres made from natural rubber – Ekoprena and Pureprena.
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