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Rubber market closes mixed

KUALA LUMPUR: The Malaysian rubber market closed mixed yesterday due to weaker crude oil price, a dealer said.

The dealer said the weakening yen, along with rise in the Japanese industrial production however, lent support.

At the close, the Malaysian Rubber Board’s official physical price for tyre-grade SMR 20 rose one sen to 502 sen a kg at noon while latex-in-bulk moved down by 2.5 sen to 379 sen a kg.

The unofficial closing price for tyre-grade SMR 20 declined one sen to 502.00 sen a kg and latex-in-bulk fell five sen to 376 sen a kg. Bernama

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