Ministry to study proposal to increase scrap rubber floor price, says Zuraida

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BALING (Bernama): The Plantation Industries and Commodities Ministry will study a proposal to increase the floor price of scrap rubber to RM3.50 per kg to increase the income of smallholders in the country, says its minister Datuk Zuraida Kamaruddin.

She said the ministry would also discuss the matter with the Malaysian Rubber Board and the Rural Development Ministry.

On Friday , the media reported that the government had been urged to consider raising the floor price of scrap rubber to RM3.50 per kg beginning January 2022 to help increase the income of rubber tappers to above the poverty level.

 

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