The Malaysian rubber market closed mixed today in quiet trading resulting from profit-taking activities, dealers said.
A dealer said the lower market today was also in line with the downtrend on the Tokyo Commodity Exchange.
At noon, the Malaysian Rubber Board’s official physical price for tyre-grade SMR 20 gained seven sen to 696 sen a kg, and later-in-bulk increased one sen to 524.50 sen a kg.
The unofficial sellers’ closing price for tyre-grade SMR 20 shed six sen to 693 sen a kg and latex-in-bulk dropped 1.5 sen to 524 sen a kg.– Bernama