皇冠信用网出租（www.hg108.vip）:Rubber market extends downtrend on global economic outlook worries
Natural latex in mattresses are touted to be more supportive, durable, eco-friendly and better for sleep health.皇冠正网app（www.hg108.vip）是一个开放皇冠正网代理APP下载、皇冠正网会员APP下载、皇冠正网线路APP下载、皇冠正网登录APP下载的皇冠正网平台。皇冠正网APP上最新登录线路、新2皇冠官方正网更新最快。皇冠正网APP开放皇冠官方会员注册、皇冠官方代理开户等业务。
KUALA LUMPUR: The Malaysian rubber market extended its downtrend on Friday, amid a mixed performance from the regional rubber futures markets following deepened worries about the global economic outlook and weak China growth data, said a dealer.
"Nevertheless, further losses were capped by a slight recovery in crude oil prices, declines in local natural rubber (NR) production and a weaker ringgit against the US dollar,” she said.,
The Department of Statistics Malaysia reported that Malaysia’s NR production decreased by 6.3 per cent to 21,073 tonnes in May 2022 compared with 22,498 tonnes in April, while on year-on-year comparison, it eased by 25.2 per cent from 28,164 tonnes in May 2021.
Meanwhile, the Malaysian Rubber Board’s (MRB) price for Standard Malaysian Rubber 20 (SMR 20) fell by 16 sen to 673.5 sen per kilogramme (kg), while latex-in-bulk was 6.5 sen lower at 514.5 sen a kg.
At 5 pm, MRB’s closing price for SMR 20 stood at 675.5 sen a kg, while latex-in-bulk was at 514.5 sen a kg. - Bernama