24.7 C
New York
Friday, July 1, 2022

Malaysia: Rubber prices close firmer

KUALA LUMPUR: Malaysian rubber prices ended firmer today on a technical correction following a weak downtrend, a dealer said.

He said the rebound in prices was also in line with the better performance of rubber futures on the Tokyo Commodity Exchange.

The noon benchmark Malaysian Rubber Board official physical price for tyre-grade SMR 20 rose by 3.5 sen to 468.50 sen a kg while latex-in-bulk dippped four sen to 380 sen a kg.

The 5pm unofficial closing price for tyre-grade SMR 20 gained 6.5 sen to 471.50 sen a kg while latex-in-bulk added half-a-sen to 380.50 sen a kg.– Bernama

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

11,297FansLike
12,893FollowersFollow
751FollowersFollow
- Advertisement -

Latest Articles

Popular Articles