KUALA LUMPUR: The Malaysian rubber market closed mixed for the second consecutive day yesterday amid the stronger ringgit against the US dollar, a dealer said.
She said the mixed trading was despite the rise in rubber futures on the Tokyo Commodity Exchange and Shanghai Futures Exchange, supported by a weaker yen against the greenback and overnight gains in oil prices.
The Malaysian Rubber Board’s official physical price for tyre-grade SMR 20 decreased 2.5 sen to 510 sen a kg, while latex-in-bulk rose 1.5 sen to 357.5 sen a kg.
The unofficial closing price for tyre-grade SMR 20 fell three sen to 509 sen a kg, while latex-in-bulk increased one sen to 358 sen a kg. Bernama