Malaysian rubber prices closed higher today on renewed demand from consumers, a dealer said.
She said the performance was also in tandem with the uptrend in the rubber futures market on the Tokyo Commodity Exchange.
At noon, the Malaysian Rubber Board's official physical price for tyre-grade SMR 20 rose 8.5 sen to 741 sen a kg while latex-in-bulk added one-and-a-half sen to 513 sen a kg.
The unofficial closing price for tyre-grade SMR 20 gained 11.5 sen to 746.5 sen a kg while latex-in-bulk rose 2.5 sen to 515 sen a kg
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