The Malaysian rubber market closed mixed on the back of a weak ringgit ahead of the Lunar New Year holidays, dealers said.
He also said market sentiment was also affected by the decline in the Tokyo Commodity Exchange due to a stronger yen.
At noon, the Malaysian Rubber Board’s official physical price for tyre-grade SMR 20 decreased two sen to 708 sen a kg while latex-in-bulk eased one sen to 484.50 sen a kg.
The unofficial closing price for tyre-grade SMR 20 eased 5.5 sen to 706 sen a kg while latex-in-bulk shed 0.5 sen to 484 sen a kg.– Bernama
