KUALA LUMPUR: The Malaysian Rubber market closed lower yesterday due to the downtrend in regional futures markets.
Rubber prices on the Tokyo Commodity Exchange also ended lower due to the weaker oil prices, a dealer added.
At noon, the Malaysian Rubber Board’s official physical price for tyre-grade SMR 20 lost one sen to 501 sen a kg, while latex-in-bulk fell three sen to 381.50 sen a kg.
The unofficial closing price for tyre-grade SMR 20 increased half a sen to 503 sen a kg and latex-in-bulk dropped two sen to 381 sen a kg. Bernama
