Rubber Market Ends Mixed

KUALA LUMPUR, June 13 (Bernama) -- The Kuala Lumpur rubber market closed mixed today in tandem with regional rubber futures markets.

A dealer noted that Asian equity markets slipped amid concerns over geopolitical tensions in Europe and the Middle East and that further losses in the rubber market were capped by gains in crude oil prices.

At 3 pm, the Malaysian Rubber Board reported that the price of Standard Malaysian Rubber 20 (SMR 20) increased by 1.5 sen to 703.00 sen per kilogramme (kg), while latex-in-bulk fell by 3.5 sen to 579.00 sen per kg.

-- BERNAMA