Rubber mart closes mixed
2014-11-11 20:48:11Editor：AmandaFont Size：Big Medium Small
The Malaysian rubber market closed mixed today on worries over Chinese demand after trade data showed a drop in imports of major commodities, a dealer said.
It was reported that China's imports of most major commodities fell in October from the preceding month due to seasonal factors and a weaker economy, said the dealer.
At the close, the Malaysian Rubber Board's official physical price for tyre-grade SMR 20 eased one sen to 504 sen a kg and latex-in-bulk rose 1.5 sen to 407 sen a kg.
The unofficial closing price for tyre-grade SMR 20 gained 1.5 sen to 507 sen a kg, while latex-in-bulk shed 0.5 sen to 406.50 sen a kg.
Bernama
- Tireworld Insight: Domestic tire makers eye overseas expansion
- Tireworld Insight: Price disparity severe between China's rubber exports and imports
- Tireworld Insight: China tire exports dependent on US market performance
- Tireworld Insight: SHFE rubber expected to move in tight range in short-term
- Tireworld Insight: Rubber futures to test near-term resistance at 15,000 yuan/tonne
- Tireworld Insight: China’s tire industry on track of rapid growth
