Price is expected to trend higher with the current supply shortage in major producing countries but gains could be pared down by weak global economic sentiment.
On a Friday-to-Friday basis, the Malaysian Rubber Board’s official physical price for tyre-grade SMR20 rose 2.5 sen to 919.5 sen per kg while latex-in-bulk increased 17 sen to 658.5 sen per kg.
The unofficial seller’s closing price for tyre-grade SMR 20 decreased 5.5 sen to 915 sen but latex-in-bulk added 16 sen to 658.5 sen. — BERNAMA
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