Rubber Remains Range-Bound
2026-07-28 08:52
By
Kyrie Dichosa
1 min. read
Rubber futures traded around 218 US cents per kilogram in late July, continuing to move within a tight range since early this month amid the absence of a clear market direction.
Trading remained subdued as lower oil prices following a pause in hostilities between the US and Iran reduced the cost advantage of natural rubber over synthetic alternatives.
Demand concerns also persisted as the EU's anti-dumping duties on Chinese car and light truck tires continued to weigh on the outlook by raising the risk of weaker Chinese tire exports and lower consumption.
Meanwhile, ongoing supply constraints in Southeast Asia due to El Niño continued to provide underlying support, offsetting some of the downward pressure on prices.
Elsewhere, Thailand's natural rubber exports, excluding compound rubber, totaled 1.203 million tonnes in the first half of 2026, down 13% from a year earlier.