Rubber Futures Retreat
2026-04-14 07:12
By
Kyrie Dichosa
1 min. read
Rubber futures fell to around 202 US cents per kilogram in mid-April, retreating from 2017 highs, weighed down by expectations of rising supply as the tapping season resumed.
Additional pressure came from easing oil prices, driven by prospects of renewed US–Iran negotiations, which lowered synthetic rubber production costs and reduced the relative attractiveness of natural rubber.
However, losses were partly cushioned by supply-side disruptions in China, where tapping in the key producing region of Hainan was delayed by a heat wave, temporarily tightening availability.
On the demand side, China’s car sales fell more than 17% in Q1 after the removal of tax incentives, dampening tire production and natural rubber consumption from the world’s largest consumer.