KUALA LUMPUR: The local rubber market closed lower yesterday on further ringgit strengthening versus the US dollar, a dealer said.
At the close, the Malaysian Rubber Board’s official physical price for tyre-grade SMR 20 slipped five sen to 562 sen a kg, while latex-in-bulk was one sen lower to 468 sen a kg.
The unofficial closing price for tyre-grade SMR 20 fell five sen to 559 sen a kg, while latex-in-bulk shed two sen to 467.5 sen a kg.
Bernama