Bursa Community
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Bursa Community

Bursa Malaysia Stock Forum - Enriching You!


Rubber prices close lower

Bursa Community :: Community News

Go down

Rubber prices close lower Empty Rubber prices close lower

Post by Cals Mon 21 Oct 2013, 19:31

Rubber prices close lower
Business & Markets 2013
Written by Bernama   
Monday, 21 October 2013 17:55
KUALA LUMPUR (Oct 21): Malaysian rubber prices closed mostly lower today due to the weakening of the ringgit against the US dollar, dealers said.
However, the rubber prices in the local market opened slightly higher today compared with last Friday's closing prices, said a dealer.
The lower prices were also in tandem with key rubber futures on the Tokyo Commodity Exchange, which fell to their lowest in nearly a week Monday due to the strengthening of the yen against the US dollar. 
At noon, the Malaysian Rubber Board's official physical price for tyre-grade SMR 20 fell two sen to close at 740.5 sen per kg, while latex-in-bulk declined half-a-sen to 534 sen per kg.
The unofficial closing price for tyre-grade SMR 20 gained 3.5 sen to 743.5 sen per kg, while latex-in-bulk shed half-a-sen to 534 sen per kg.
Cals
Cals
Administrator
Administrator

Posts : 25277 Credits : 57721 Reputation : 1766
Male Join date : 2011-09-08
Location : global
Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it I’️d have been right perhaps as often as seven out of ten times.”
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis

Back to top Go down

Back to top

- Similar topics

Bursa Community :: Community News

 
Permissions in this forum:
You cannot reply to topics in this forum