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Saturday, June 10, 2023

Malaysia: Prices up in quiet trading

KUALA LUMPUR: Rubber prices closed mostly higher in quiet trading yesterday in tandem with the uptrend in the Tokyo Commodity Exchange, said dealers.

A dealer said traders stayed on the sidelines in the absence of fresh catalysts.

At noon, the Malaysian Rubber Board’s official physical price for SMR 20 was unchanged at 745 sen a kg while latex in bulk rose 4.5 sen to 542 sen a kg.

The unofficial sellers’ closing physical price for t SMR 20 increased nine sen to 751.5 sen kg and latex in bulk added 5.5 sen to 545 sen a kg.

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