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Malaysia Rubber Production Grant (IPG) has been launched in July

 Last Update: 2021-08-29
 Source: Internet
 Author: User

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According to news from Malaysia on August 2, the Malaysian Rubber Board (MRB) announced that it has launched the rubber production allowance (IPG) for small farmers in Sabah and Sarawak in July 2021
.

As the average farm delivery price of Peninsula Cup Gum is higher than the standard price, it will not be compensated

The authorities stated in a statement that the subsidies in Sabah and Sarawak are both (100% dry rubber basis) 20 cents per kilogram
.
Small farmers can file an IPG claim between August 1st and 31st based on the output in July 2021
.

In July 2021, the average farm delivery price of cup glue (50% dry glue content) in Peninsular, Sabah and Sarawak was 2.
75 ringgit, 2.
40 ringgit and 2.
40 ringgit per kilogram respectively
.

Starting from January 2019, when the monthly average price of SMR20 FOB is 6.
10 ringgit/kg or the farm delivery price is 2.
50 ringgit/kg or lower, IPG will be activated
.

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