Lack of fresh leads

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KUALA LUMPUR: Malaysian rubber prices closed lower for the fourth consecutive day this week with buyers sidelined due to a lack of fresh leads, a dealer said.

At noon, the Malaysian Rubber Board’s official physical price for tyre-grade SMR20 declined 6.5 sen to 589 sen a kg, and latex-in-bulk slipped two sen to 476.5 sen a kg.

The unofficial closing price for tyre-grade SMR20 shed 5.5 sen to 590.5 sen a kg, while latex-in-bulk fell 3.5 sen to 474.5 sen a kg. Bernama

Business Times : marketwatch

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