Bursa Alert
Global Market
NewsRubber mart to see softer trade
Page 1 of 1
Rubber mart to see softer trade
by hlk Mon 16 Apr 2012, 07:44
The Malaysian rubber market is likely to see softer trade next week in tandem with the weaker sentiment regionally, dealers said.
However, he said the market would continue to be supported by steady demand from China's automotive industry.
For the week just-ended, the rubber market was subdued on lack of activity.
On a week-to-week basis, the Malaysian Rubber Board's official physical price for tyre-grade SMR 20 fell 14 sen to 1,112 sen while latex-in-bulk decreased 16.5 sen to 764.5 sen per kg.
The unofficial sellers' closing price for tyre-grade SMR 20 declined 22.5 sen to 1,1106.5 sen per kg and latex-in-bulk fell 20 sen to 760.5 sen per kg. -- BERNAMA
However, he said the market would continue to be supported by steady demand from China's automotive industry.
For the week just-ended, the rubber market was subdued on lack of activity.
On a week-to-week basis, the Malaysian Rubber Board's official physical price for tyre-grade SMR 20 fell 14 sen to 1,112 sen while latex-in-bulk decreased 16.5 sen to 764.5 sen per kg.
The unofficial sellers' closing price for tyre-grade SMR 20 declined 22.5 sen to 1,1106.5 sen per kg and latex-in-bulk fell 20 sen to 760.5 sen per kg. -- BERNAMA
hlk- Moderator
- Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia
Similar topics» Rubber mart set for better performance
» Losses in rubber mart seen limited
» Upside for Malaysia rubber mart 'limited'
» Cautious trading ahead for rubber mart
» Rubber mart to stay quiet, says dealer
» Losses in rubber mart seen limited
» Upside for Malaysia rubber mart 'limited'
» Cautious trading ahead for rubber mart
» Rubber mart to stay quiet, says dealer
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum