Rubber Futures End Mixed On Weaker Regional Cues, Firmer Ringgit
KUALA LUMPUR, April 8 (Bernama) — The Kuala Lumpur rubber market ended mixed on Wednesday, weighed by softer regional futures and a firmer ringgit against the US dollar, a dealer said. Japanese rubber futures declined, tracking a fall in oil prices after a West Asia ceasefire raised hopes of smoother passage through the Strait of Hormuz. The dealer said sentiment was further pressured by weaker crude prices and concerns over slower global growth linked to the conflict. “Oil prices plunged nearly 15 per cent on Wednesday after US President Donald Trump agreed to a two-week ceasefire with Iran, easing supply […]