Rubber market set to remain volatile next week on supply side uncertainty | Malay Mail

Rubber market set to remain volatile next week on supply side uncertainty | Malay Mail

Rubber Prices, Rubber Market

27/11/2021 5:47:00 AM

Rubber market set to remain volatile next week on supply side uncertainty | Malay Mail

KUALA LUMPUR, Nov 27 — The Malaysian rubber market is expected to remain volatile next week due to uncertainties on the supply side amid worries over the monsoon season weather. Malaysian Rubber Glove Manufacturers Association’s immediate past president Denis Low said the rainy...

channel for the latest updates.KUALA LUMPUR, Nov 27 — The Malaysian rubber market is expected to remain volatile next week due to uncertainties on the supply side amid worries over the monsoon season weather.Malaysian Rubber Glove Manufacturers Association’s immediate past president Denis Low said the rainy season is looming and rubber-tapping activities may be curtailed to a certain extent.

Is It Real? When Everyone Looked At The Photo They Worried

“We believe that stocking activities will take place and the demand and prices may hold firm to slightly higher,” he told Bernama.A dealer said prices are expected to be supported by tighter supply following unfavourable weather and worries over the new Covid-19 variant in South Africa.

“Market players will also be monitoring the upcoming release of key economic data and the outcome of the Organisation of the Petroleum Exporting Countries and its allies (Opec+) ministerial meeting,” she said.For the week just ended, the market closed mostly higher as it tracked the regional rubber futures markets and the weaker ringgit. headtopics.com

On a weekly basis, the Malaysian Rubber Board’s (MRB) price for Standard Malaysian Rubber 20 (SMR 20) gained 16.5 sen to 747 sen per kilogramme (kg) while latex-in-bulk rose 36 sen to 588 sen per kg.At 5pm on Friday, the MRB’s closing price for SMR 20 stood at 738.5 sen a kg while latex-in-bulk was at 588 sen a kg. — Bernama

Ahmad Faizal akan jumpa BAM, Zii Jia | Harian Metro

Read more: Malay Mail »

Covid-19: Transition to endemic phase to be announced within two to three weeks, says Hisham

KUALA LUMPUR: The transition from the pandemic to endemic phase of Covid-19 in Malaysia might be announced within the next two to three weeks, says Datuk Seri Hishammuddin Hussein.

Dyson dumps Malaysian supplier ATA over labour concerns | Malay MailKUALA LUMPUR, Nov 25 — Dyson has terminated its relationship with supplier ATA IMS Bhd following an audit of the Malaysian company’s labour practices and allegations by a whistleblower, the firm famed for its high-tech vacuum cleaners told Reuters. ATA, which is already being investigated by...

South Africa detects new Covid variant with many mutations | Malay MailJOHANNESBURG, Nov 26 — Scientists in South Africa said Thursday they had detected a new Covid-19 variant with a large number of mutations, blaming it for a surge in infection numbers. The number of daily infections in Africa’s hardest-hit country has increased tenfold since the start of the...

Selangau MP: Federal Court’s decision to dismiss NCR land appeal ‘dangerous, worrying development’ | Malay MailKUCHING, Nov 26 — Selangau MP Baru Bian today expressed his disappointment with the decision by the Federal Court to dismiss an appeal by the native landowners to reclaim over 3,500 hectares of native customary rights (NCR) land at Sungai Liam, Bakong in Miri Division, from a company. He said in...

Asian, European stocks, oil plummet as new Covid variant sparks panic | Malay MailHONG KONG, Nov 26 — Asian and European markets and oil prices plunged while safe havens rallied today over fears of a new coronavirus variant that scientists warn could be more infectious than Delta and more resistant to vaccines, potentially dealing a heavy blow to the global recovery. The...

Malaysia’s Statistics Dept foresees healthier economic in coming months | Malay MailKUALA LUMPUR, Nov 26 ― Malaysia’s economy is expected to improve in the upcoming months despite setbacks from the previous quarter of 2021 due to the implementation of movement control order (MCO) in bid to cushion the spread of Covid-19 infections. In the latest Malaysian Economic Statistics...

WHO: Vaccines reduce Covid transmission by 40pc | Malay MailGENEVA, Nov 26 — Covid vaccines reduce transmission of the dominant Delta variant by about 40 per cent, the WHO said Wednesday, warning that people were falling into a false sense of security concerning jabs. The World Health Organization’s director-general Tedros Adhanom Ghebreyesus said many...