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 mixed

Bursa Community :: Community News

Go down

Rubber prices close mixed Empty Rubber prices close mixed

Post by Cals Fri 21 Feb 2014, 01:39

Rubber prices close mixed
Business & Markets 2014
Written by Bernama
Thursday, 20 February 2014 18:27

KUALA LUMPUR (Feb 20): Rubber prices ended mixed today, due to lack of demand, following high stockpile in China, which stood around 340,000 tonnes as of mid-February, a dealer said.

He said that negative sentiment, brought on by a report that HSBC's China preliminary manufacturing Purchasing Managers' Index (PMI) for February 2014 had fallen to 48.3, from a final PMI of 49.5 in January, is also weighing on the prices.

At noon, the Malaysian Rubber Board's official physical price for tyre-grade SMR20, fell 12 sen to 636 sen a kg, while latex-in-bulk edged up 1.5 sen to 479 sen per kg.

The unofficial closing price for tyre-grade SMR20, was 20 sen lower at 626 sen a kg, while latex-in-bulk decreased 0.5 sen to 479 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