KUALA LUMPUR: The local rubber market ended lower yesterday amid negative investor sentiment on the commodity prices, dealers said.
A dealer said the market extended its loss on weak sentiment as China’s vast factory sector was projected to be weak this month.
At the close, the Malaysian Rubber Board’s official physical price for tyre-grade SMR 20 fell three sen to 509 sen a kg while latex-in-bulk declined 0.5 sen to 410.5 sen a kg.
The unofficial closing price of tyre-grade SMR 20 fell 1.5 sen to 509 sen a kg and latex-in-bulk was unchanged from 411 sen a kg previously.
Bernama
