KUALA LUMPUR: The local rubber market closed lower yesterday in line with the benchmark Tokyo Commodity Exchange and the Shanghai Futures Exchange, a dealer said.
At the close, the Malaysian Rubber Board’s official physical price for tyre-grade SMR 20 fell 13 sen to 494.5 sen a kg, while latex-in-bulk dipped 3.5 sen to 401.5 sen a kg.
The unofficial closing price for tyre-grade SMR 20 dropped 19.5 sen to 486.0 sen a kg while latex-in-bulk slid five sen to 399.0 sen a kg.
Bernama
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