Rubber Moves Toward 2013 Highs
2026-09-09 08:52
By
Kyrie Dichosa
1 min. read
Rubber futures rose to around 241 US cents per kilogram in early September, moving back near their highest level since 2013, supported by signs of tightening supplies.
Indonesia’s natural rubber exports declined 21% year-on-year in the first seven months of 2026, according to Qinrex, raising concerns over tighter supply from one of the world’s leading producers.
El Niño, ongoing haze, and forest fires are expected to further constrain Indonesian rubber output in the coming months.
In Thailand, heavier rainfall is expected through mid-September, which could further disrupt tapping activity and reduce latex collection.
Meanwhile, the end of Southeast Asia’s peak tapping season in September is expected to further tighten regional supplies.
Adding to the upward pressure, crude oil prices continued to surge amid escalating tensions in the Middle East, raising production costs for synthetic rubber and making natural rubber relatively more attractive as a substitute.