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RUBBER PRICES END MIXED
Bernama - Saturday, September 6
KUALA LUMPUR, Sept 5 (Bernama) -- The Malaysian rubber market closed mixed today with continuing rainfall putting pressures on supply leading to higher prices, especially latex in bulk, dealers said.
However, SMR20 continued its downfall as buyers were reluctant to hold large position of the stock due to softening crude oil price.
Meanwhile, the Tokyo rubber futures prices closed lower today.
At noon, the Malaysian Rubber Board's official price for tyre-grade latex in bulk rose three sen to 614 sen per kg while SMR20 fell 2.50 sen to 952.50 sen per kg.
The unofficial sellers' closing price for tyre-grade latex in bulk gained 3.50 sen to 616.50 sen per kg while SMR20 dropped 2.50 sen to 952 sen per kg. -- BERNAMA
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