Rubber market to trade range-bound

Malaysian Rubber Glove Manufacturers Association immediate past president Denis Low said there will be a heightened need to stock up ahead of the unpredictable weather condition and traders may not want to be caught out with a short supply position.

KUALA LUMPUR: The Malaysian rubber market is expected to be trading range-bound with a tendency to be slightly higher mainly due to a tight supply situation.

Malaysian Rubber Glove Manufacturers Association immediate past president Denis Low said there will be a heightened need to stock up ahead of the unpredictable weather condition and traders may not want to be caught out with a short supply position.