Rubber Futures Near 2-Week High
2026-08-14 08:58
By
Kyrie Dichosa
1 min. read
Rubber futures rose to around 222 US cents per kilogram in mid-August, near a two-week high, as higher oil prices supported natural rubber by making crude-based synthetic rubber less competitive.
However, gains were capped by improving supply prospects, with Malaysia’s natural rubber production jumping 31.5% month-on-month in June.
The increase reflected the peak harvesting season, which typically runs from June through September.
China remained the largest destination for Malaysian natural rubber exports, accounting for 55.8% of total shipments, highlighting its importance to regional demand.
Still, weaker Chinese auto demand continued to weigh on the outlook, with subdued tyre demand and elevated vehicle inventories.
Meanwhile, longer-term supply concerns offered support, as Indonesia, the world’s second-largest rubber producer, saw farmers increasingly switch from rubber to palm oil, reducing production capacity and potentially tightening global supplies.