Rubber prices close lower
Rubber prices closed lower today due to lack of demand for the commodity, dealers said.
A dealer said the bearish sentiments were influenced by the weaker rubber prices on the Tokyo Commodity Exchange.
At noon, the Malaysian Rubber Board's official physical price for tyre-grade SMR20 rose one sen to 757.50 sen a kg, while latex-in-bulk increased 0.5 sen to 545 sen a kg.
The unofficial closing price for tyre-grade SMR20 shed two sen to 753 sen a kg while latex-in-bulk was down two sen to 543 sen a kg.-- Bernama