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Friday, January 21, 2022

Malaysia: Rubber prices close mixed

The Malaysian rubber market closed mixed today due to currency fluctuations, a dealer said.

Overall market activity was lethargic as traders remained sidelined awaiting fresh leads.

At noon, the Malaysian Rubber Board’s official physical price for tyre-grade SMR 20 down 4.5 sen to 636 sen a kg while latex-in-bulk rose one sen to 463 sen a kg.

However, the unofficial sellers’ closing price for tyre-grade SMR 20 declined 3.5 sen to 635.5 sen a kg while latex-in-bulk rose 1.5 sen to 463.5 sen a kg.– Bernama

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