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皇冠体育信用(www.hg9988.vip):Rubber market extends downtrend on global economic outlook worries

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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.

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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


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  • 2022-07-30 00:02:27

    "This is a topic we cannot have complacency on," she said. "If trust is eroded to a point that there is a downward spiral, you don't know where it would end," the head of the International Monetary Fund said in an interview late last week ahead of this week's meeting of finance officials in Indonesia.这个,得开启防沉迷了

  • 2022-08-23 00:54:43

    "We also ensure that the flexible exchange policy remains Malaysia’s first line of defence to absorb external shocks, while at the same time, ensuring that domestic lending activities continue to be supported,” he said in reply to Senator Jefridin Atan’s supplementary question on the government’s measures to minimise the impact of aggressive monetary tightening measures by the United States Federal Reserve (Fed).我是你的粉丝,看我

  • 2022-11-12 00:18:34

    BoE Governor Andrew Bailey has recently said a 50 basis point increase is on the table for this meeting and markets are pricing in a near 90% chance of such a move.第一次看,讲的啥