Rubber Market Outlook Improve as Rubber Supply Tight

Outlook rubber market for the Malaysian is expected to improve next week as supply remains tight and output sluggish, dealers said.

A dealer said the euro debt crisis will, however, continue to loom over the
market with traders adopting a wait-and-see attitude.
Meanwhile, dealers expect the Tokyo Commodity Exchange to be higher
next week as oil prices improve.
For the week just-ended, the Malaysian Rubber Board's official physical
price for tyre-grade SMR 20 dropped 90 sen to 1217.50 sen per kg while

latex-in-bulk softened 27 sen to 799.00 sen per kg.
The unofficial closing price for SMR 20 dropped 100.5 sen to 1203.50 sen per
kg while latex-in-bulk eased 26.5 sen to 798.00 sen.

he outlook of the Malaysian rubber market is expected to be uncertain this week despite the tight supply, dealers said.
A dealer said production has been hit by the uncertain weather.
?Thailand, the largest rubber producer, is badly affected by flooding and the market's direction is still uncertain,? he said.
However, he said, the physical prices were likely to take the lead from the movements on the Tokyo Commodity Exchange and Shanghai Futures Exchange.
On a week-to-week basis, the Malaysian Rubber Board's official physical price for tyre-grade SMR 20 fell seven sen to 1,307.5 sen per kg from 1,314.5 sen previous Friday.

Latex-in-bulk gained 2.5 sen to 826 sen per kg versus previous Friday's close of 823.5 sen. The unofficial closing price for SMR 20 dropped 15 sen to 1,304 sen per kg, against 1,319 sen previously. Latex-in-bulk shed 2.5 sen to 824.5 sen, from 827 sen a week ago.