TSR20 Rubber Price Remains Unchanged at USD 135.3 per Kg (Wednesday, September 14, 2022)

The TSR20 rubber price for transactions on Wednesday, September 14, 2022, showed little movement. Today's TSR20 rubber price traded at SGD 135.3 per kg. This figure is virtually unchanged compared to the previous day's trading price of SGD 135.3 per kg. Currently, the TSR20 rubber price has been in a downward trend for the past 0 days.

Over the past week, the TSR20 rubber price increased by 4.56 percent, with an average daily transaction price of SGD 132.43 per kg. Compared to the price at the beginning of the year, the TSR20 rubber price has slowed by 22.73 percent. From its highest price this year of SGD 185 per kg, the TSR20 rubber price has fallen by 26.86 percent.

Annually, the average TSR20 rubber price trading over the past five years has shown an upward trend. Meanwhile, monthly price monitoring shows that transactions in the last 12 months have tended to decrease. The highest average monthly price for the TSR20 rubber commodity was recorded in February 2022 at SGD 179.57 per kg.

*update:*
This text has been edited in the title and narrative. Previously, the commodity unit was written as SGD per kg and has been changed to USD per 100kg. For direct reference, please click this source link