KUALA LUMPUR: The Malaysian rubber market closed lower today on weak buying support.
A dealer said the local market was tracking the downtrend on the Shanghai Futures Exchange (SHFE).
At the close, the Malaysian Rubber Board’s official physical price for tyre-grade SMR 20 fell six sen to 513 sen a kg and latex-in-bulk was unchanged at 399 sen a kg.
The unofficial closing price for tyre-grade SMR 20 slipped 9.5 sen to 509.5 sen a kg, while latex-in-bulk gave up a sen to 399 sen a kg.– Bernama
