KUALA LUMPUR: The Malaysian rubber market closed mixed today on mild buying interest amid the weakening of the ringgit, dealers said.
A dealer said the trend was also in sync with the performance on the Shanghai Futures Exchange.
“The market is also quiet following the closure of the Tokyo Commodity Exchange for Vernal Equinox Day,” he said.
At noon, the Malaysian Rubber Board’s official physical price for tyre-grade SMR20 fell a sen to 623.5 sen a kg. Latex-in-bulk, however, gained a sen to 495 sen a kg.
The unofficial closing price for tyre-grade SMR20 rose 2.5 sen to 627.5 sen a kg and latex-in-bulk was 1.5 sen better at 496 sen a kg.– Bernama
