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2025-12-12 16:36:40
[Rubber Surges Nearly 3%, Supply Panic and Oil Prices: Who Ignited the Fuse?] ⑴ Malaysian rubber prices closed higher on Friday, with SMR 20 standard rubber rising to 724 sen per kilogram, a daily increase of approximately 2.5%. ⑵ This rise was mainly driven by the overall upward trend in regional rubber futures and the strengthening of international crude oil prices, with Brent crude oil prices rising slightly by 0.44% during the same period. ⑶ Market sentiment was supported by two factors: on the one hand, unfavorable weather in Thailand triggered market concerns about reduced natural rubber supply; on the other hand, there were optimistic expectations for China's economic policies. ⑷ However, the price increase was limited, mainly due to factors including the strengthening of the Malaysian ringgit against the US dollar and the slowdown in global electric vehicle sales growth. ⑸ In the future, it is necessary to continue to monitor the actual impact of weather in major producing countries on the supply side, as well as the combined effect of oil price and exchange rate changes on rubber costs.
