Rubber Approaches 4-Week Low
2026-08-04 08:32
By
Kyrie Dichosa
1 min. read
Rubber futures fell to around 211 US cents per kilogram in early August, approaching a four-week low, as rising seasonal supply and persistently weak tyre demand weighed on prices.
Southeast Asia's peak tapping season continued to boost rubber output, although the risk of El Niño-related production disruptions is expected to increase as the season progresses.
Meanwhile, tyre demand is likely to remain seasonally weak through mid-August, according to Guoyuan Futures, with China's Vehicle Inventory Alert Index climbing to 61.1% in July, remaining above the 50% threshold that signals excess inventory.
Elevated inventories could prompt automakers to scale back production, weighing on natural rubber demand.
Elsewhere, oil prices rebounded modestly after the previous session's sharp decline, lending limited support to natural rubber as higher crude prices reduce the competitiveness of petroleum-based synthetic rubber.