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

Rubber market closes higher for second consecutive day

Go down

Rubber market closes higher for second consecutive day Empty Rubber market closes higher for second consecutive day

Post by Cals Wed 12 Mar 2014, 20:34

Rubber market closes higher for second consecutive day
Business & Markets 2014
Written by Bernama   
Wednesday, 12 March 2014 17:44

KUALA LUMPUR (March 12): Rubber prices on the Malaysian rubber market closed higher, for the second consecutive day, due to tight supply in rubber-producing countries, including Malaysia, said a dealer.

The dealer said that the better performance was also in line with gains on the Tokyo Commodity Exchange and Shanghai Futures Exchange. 

At noon, the Malaysian Rubber Board's official physical price for tyre-grade SMR20 was 10 sen higher, at 623 sen a kg, and latex-in-bulk gained three sen to 488 sen a kg.   

The unofficial closing price for tyre-grade SMR20 rose seven sen to 630 sen, and latex-in-bulk was 2.5 sen higher, at 490.5 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

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