Rubber Price at Closing Traded at USD 131.4 per Kg (Monday, September 12, 2022)

Rubber prices rose in transactions on Monday, September 12, 2022. Today's rubber price trading was recorded at SGD 131.4 per kg. This figure is higher than the previous day's trading, which was at SGD 130.7 per kg. The current situation is similar to the previous trend of falling rubber prices.

Over the past week, rubber price movements slowed by 1.5 percent, with an average daily transaction price of SGD 130.57 per kg. Compared to the position 30 days ago, the movement of rubber prices has slowed by 14.12 percent. The highest trading value for rubber commodities this year was transacted at SGD 185 per kg, which occurred on Wednesday, February 23, 2022.

Annually, the average rubber price trading over the past five years has been on an upward trend. Meanwhile, for monthly price monitoring, transactions in the last 12 months have tended to decline. The highest average monthly price for rubber commodities was recorded in February 2022 at SGD 179.57 per kg.

*update:*
This article 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 [link to source].