Focus

Rubber market ends easier on external factor

14 Oct 2022 05:48pm
Image for illustrative purposes only - BERNAMA
Image for illustrative purposes only - BERNAMA
KUALA LUMPUR - The Malaysian rubber market remains in a bearish mode at the close on Friday as external factors takes a toll on the demand for natural rubber.

A dealer said external issues, namely the United States’ (US) interest rate and US export issues have dampened demand for rubber.

However, the weaker ringgit has supported rubber trading.

The Malaysian Rubber Board’s (MRB) price for Standard Malaysian Rubber 20 (SMR 20) was lower at 614.5 sen per kg, while latex-in-bulk also fell to 463.0 sen per kg.

At 5 pm, MRB’s closing price for SMR 20 stood at 614.5 sen a kg, while latex-in-bulk was at 461.0 sen a kg. - BERNAMA
Related Articles:


Rubber
Closing
SMR 20
Commodity
export
US
More Like This
Selangor FC player Muhammad Faisal Halim - BERNAMA FILE PIX
Selangor FC player Muhammad Faisal Halim - BERNAMA FILE PIX
National Selangor govt yet to receive feedback on progress of Faisal Halim's case
They are still awaiting information for dissemination after an emergency motion to condemn the extreme and violent action against the sportsman was unanimously approved at the previous session.
Inspector-General of Police Tan Sri Razarudin Husain - Photo by Bernama
Inspector-General of Police Tan Sri Razarudin Husain - Photo by Bernama
National We have no information on Jho Low's whereabouts, says IGP
Lawyer Shafee Abdullah, who represents former Prime Minister Datuk Seri Najib Razak, recently claimed that Jho Low is hiding in Myanmar.
Patriotism is the lifeblood of a nation's freedom, independence, stability, and progress.
Patriotism is the lifeblood of a nation's freedom, independence, stability, and progress.
National KPN achieves outstanding performance with over 300 impactful programmes
By SINAR DAILY REPORTER
22 Nov 2024 12:11pm
The ministry’s strategic efforts have successfully maintained the existing harmony and well-being of the nation.
The suspect wearing a white shirt was brought to court accompanied by several police officers to face charges of injuring a first-year UPNM student recently.
The suspect wearing a white shirt was brought to court accompanied by several police officers to face charges of injuring a first-year UPNM student recently.
National UPNM cadet officer charged with injuring junior, stomping on him with spike boots
He was charged under Section 323 of the Penal Code, which carries a maximum sentence of one-year imprisonment, a fine of up to RM2,000, or both, upon conviction.