Malaysia: Rubber market closes slightly lower

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: The market closed slightly lower today in tandem with the lower price of the commodity on the , a dealer said.

The dealer said the downturn was also contributed by further decline in prices.

The noon benchmark Malaysian official physical price for -grade 20 was unchanged at 512.00 sen a kg, while latex-in-bulk decreased one sen to 407.50 sen a kg.

The unofficial closing price for tyre-grade SMR 20 declined 2.5 sen to 510.00 sen a kg, and latex-in-bulk fell 1.5 sen to 407.00 sen a kg.– Bernama

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