KUALA LUMPUR: The local rubber market closed mostly higher for the third consecutive day yesterday on the back of persistent buying for the commodity, a dealer said.
At the close, the Malaysian Rubber Board’s official physical price for tyre-grade SMR 20 rose 0.5 sen to 551.50 sen a kg and latex-in-bulk remained unchanged at yesterday’s 464.50 sen a kg.
The unofficial closing price for tyre-grade SMR 20 increased 5.5 sen to 555.5 sen a kg while latex-in-bulk gained 0.5 sen to 465 sen. Bernama