Rubber Futures Retreat from 9-Month High

2026-02-02 08:38 By Kyrie Dichosa 1 min. read

Rubber futures dropped to around 185 US cents per kilogram, retreating from a nine-month high, partly due to sliding oil prices, which make synthetic alternatives more attractive.

Adding to bearish pressure, traders were also likely booking profits after January’s strong run-up.

While anticipated pre-Lunar New Year restocking in China had initially boosted demand expectations, rising inventories at Qingdao port and the fact that most restocking is already complete have limited further upside.

Capping some losses, supply concerns grew as the tapping season in major Asian producers, including Thailand and Vietnam, came to an end.

Rubber trees typically undergo a short tapping period in late January, followed by lower output from February through May, before entering a peak harvest season that lasts until September.



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