Rubber Futures Near 2017-Highs
2026-04-09 09:21
By
Luisa Carvalho
1 min. read
Rubber futures rose above 206 US cents per kilogram, approaching levels not seen since early 2017, partly supported by rising oil prices amid the Middle East fragile ceasefire and the ongoing closure of the Strait of Hormuz.
Higher oil prices increase synthetic rubber costs, which makes natural rubber relatively more attractive, often boosting its demand.
Further supporting prices, raw material supply in leading Southeast Asian countries remains constrained due to the seasonal low-production “wintering” period between February and May.
During this phase, trees shed their leaves and undergo a resting phase, which substantially affects latex production.