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Rubber prices close higher

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Rubber prices close higher Empty Rubber prices close higher

Post by Cals Fri 29 Nov 2013, 18:37

Rubber prices close higher
Business & Markets 2013
Written by Bernama   
Friday, 29 November 2013 17:55
KUALA LUMPUR (Nov 29): Malaysian rubber prices closed higher today on renewed demand from consumers, a dealer said.
She said the performance was also in tandem with the uptrend in the rubber futures market on the Tokyo Commodity Exchange.
At noon, the Malaysian Rubber Board's official physical price for tyre-grade SMR 20 rose 8.5 sen to 741 sen a kg while latex-in-bulk added one-and-a-half sen to 513 sen a kg.
The unofficial closing price for tyre-grade SMR 20 gained 11.5 sen to 746.5 sen a kg while latex-in-bulk rose 2.5 sen to 515 sen a kg.
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