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2026-04-09 17:33:33
[Rubber Futures Rise Above 206 Cents Per Kilogram, Nearing Highs Since 2017] ⑴ Rubber futures rose above 206 cents per kilogram, nearing levels not seen since early 2017. Supporting factors included rising oil prices amid a fragile ceasefire in the Middle East and the continued closure of the Strait of Hormuz. ⑵ Rising oil prices increase the cost of synthetic rubber, thereby enhancing the relative attractiveness of natural rubber, which typically helps boost its demand. ⑶ In addition, raw material supplies from major rubber-producing countries in Southeast Asia remain constrained due to the seasonally low production period from February to May, known as the "off-season." During this period, rubber trees shed their leaves and enter dormancy, significantly impacting latex production.
