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Rubber prices continue to fall

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Rubber prices continue to fall

Post by Cals Thu 14 Nov 2013, 21:23

Rubber prices continue to fall

Business & Markets 2013

Written by Bernama

Thursday, 14 November 2013 17:26

KUALA LUMPUR (Nov 14): Malaysian rubber prices closed lower for the third consecutive day this week, weighed by lack of buying interest for the commodity, dealers said.
The buyers were sidelined due to lack of fresh leads, said a dealer.
At noon, the Malaysian Rubber Board's official physical price for tyre-grade SMR20 declined 2.5 sen to 730 sen a kg and latex-in-bulk slipped half-a-sen to 518.5 sen a kg. However, the unofficial closing price for tyre-grade SMR20 rose one sen to 731 sen a kg while latex-in-bulk was unchanged at 518.5 sen a kg.

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

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