RUBBER PRICES LIKELY TO BE RANGE-BOUND WITH UPSIDE BIAS NEXT WEEK
newscatcher
2023-06-17 02:35
RUBBER PRICES LIKELY TO BE RANGE-BOUND WITH UPSIDE BIAS NEXT WEEK
By Zufazlin Baharuddin KUALA LUMPUR, June 17 (Bernama) -- The Kuala Lumpur rubber market is expected to trade range-bound with a slight upside bias next week due to the expectation of lower production. Malaysian Rubber Glove Manufacturers Association's immediate past president Denis Low said there would be the usual stock replenishment activities while interest in more rubber stocking purchases would depend on weather conditions. bootstrap slideshow 'There have been sporadic rainfalls reported in some rubber-producing regions and this will reduce productivity and production,' he told Bernama.

https://www.bernama.com/en/business/news.php?id=2198892

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