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 market rebounds to close mixed

Bursa Community :: Community News

Go down

Rubber market rebounds to close mixed Empty Rubber market rebounds to close mixed

Post by Cals Wed 20 Nov 2013, 18:33

Rubber market rebounds to close mixed
Business & Markets 2013
Written by Bernama   
Wednesday, 20 November 2013 17:34
KUALA LUMPUR (Nov 20): Malaysian rubber prices rebounded to close mixed today following the higher Tokyo Commodity Exchange (TOCOM) finish, dealers said.
A dealer said the firmer TOCOM was due to the weak yen against US dollar as Japanese trade deficit widened.
However, the buying activities were not that aggressive as stockpiles have risen in China's bonded warehouses in Qingdao recently, he said.
At noon, the Malaysian Rubber Board's official physical price for tyre-grade SMR20 rose 3.5 sen to 734.5 sen a kg, while latex-in-bulk slipped one sen to 514 sen a kg.
The unofficial closing price for tyre-grade SMR20 was unchanged at 731 sen a kg, while latex-in-bulk shed one sen to 513.5 sen a 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