The outlook for the Malaysian rubber market is expected to improve this 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 this 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. Bernama