KUALA LUMPUR: The local rubber market closed near a one-week low yesterday, influenced by the weak share and oil prices, a dealer said.
At the close, the Malaysian Rubber Board’s official physical price for tyre-grade SMR 20 fell three sen to 512 sen a kg while latex-in-bulk dipped 0.5 sen to 411 sen a kg.
The unofficial closing price of tyre-grade SMR 20 fell 3.5 sen to 510.5 sen a kg and latex-in-bulk was unchanged from yesterday’s 411 sen a kg.
– Bernama
