Rubber Market Ends Higher On Ringgit Support, Firmer Oil Prices
KUALA LUMPUR, Dec 29 (Bernama) -- The Kuala Lumpur rubber market closed higher on Monday, supported by a weaker ringgit against the US dollar and firmer crude oil prices, a dealer said.
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KUALA LUMPUR, Dec 29 (Bernama) -- The Kuala Lumpur rubber market closed higher on Monday, supported by a weaker ringgit against the US dollar and firmer crude oil prices, a dealer said.
KUALA LUMPUR, Dec 26 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Friday, tracking gains in regional rubber futures markets and steady crude oil prices, but a stronger ringgit against the US dollar weighed on sentiment.
KUALA LUMPUR, Dec 23 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Tuesday, tracking uneven regional futures amid softer crude oil prices and a slightly stronger ringgit against the US dollar, a dealer said.
KUALA LUMPUR, Dec 22 (Bernama) -- The Kuala Lumpur rubber market closed higher on Monday, driven by steady crude oil prices and concerns over natural rubber supply shortages due to adverse weather in major producer, Thailand, a dealer said.
By Siti Radziah Hamzah
KUALA LUMPUR, Dec 22 (Bernama) – The ringgit was Asia’s best-performing currency this year against its regional peers, with its gains underpinned by strong economic fundamentals and buoyant exports, while interest rate cuts by the United States Federal Reserve (Fed) provided pivotal support to the local currency.
By K. Naveen Prabu
KUALA LUMPUR, Dec 20 (Bernama) -- The rubber market is expected to edge higher next week amid supply concerns stemming from persistent heavy rainfall in rubber-producing districts in Thailand and Malaysia, said industry expert Denis Low.
From Zufazlin Baharuddin
JAKARTA, Dec 19 (Bernama) -- SumiSaujana Group Bhd (SumiSaujana) plans to expand its footprint into Indonesia after wholly owned subsidiary SumiSaujana TCM Chemicals Sdn Bhd (SSTCM) entered into a memorandum of understanding (MoU) to jointly explore the development of a wet gas sulphuric acid (WSA) facility at PT Kilang Pertamina Internasional’s (KPI) refinery units in Indonesia.
KUALA LUMPUR, Dec 19 (Bernama) -- The Kuala Lumpur rubber market closed lower today following declines in regional rubber futures and softer crude oil prices, said a dealer.
By K. Naveen Prabu
KUALA LUMPUR, Dec 18 (Bernama) -- The crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed higher today, supported by gains in the soybean oil market.
By K. Naveen Prabu
KUALA LUMPUR, Dec 17 (Bernama) -- The crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed higher today, reversing earlier losses, supported by a recovery in the soybean oil market.
KUALA LUMPUR, Dec 17 (Bernama) -- The Kuala Lumpur rubber market closed higher today, supported by gains in regional rubber futures markets and crude oil prices, said a dealer.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 16 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Tuesday, influenced by downtrends in regional rubber futures, declining crude oil prices, and a slightly stronger ringgit against the US dollar, said a dealer.