TSR20 Rubber Price Falls to US$171.2 per 100 kg (Wednesday, August 14, 2024)

Investing.com reports that the TSR20 rubber price today fell 0.64 percent to US$171.2 per 100 kg. This price drop is relatively significant compared to the average price movement over the past week.

This week, the TSR20 rubber price saw its highest surge on Monday, August 12, 2024, increasing by 1.06 percent. It has strengthened by 9.81 percent compared to its year-to-date position.

The current situation is similar to the TSR20 rubber price movement in the last 24 hours, which is currently on an upward trend.

Over the past week, the TSR20 rubber price has grown by 2.51 percent, with an average daily transaction price of US$169.79 per 100 kg. As a result, throughout 2024, the TSR20 rubber price has increased by 9.81 percent from its year-to-date position of US$155.9 per 100 kg. The highest trading value for the TSR20 rubber commodity this year was recorded at US$183.7 per 100 kg on Friday, June 7, 2024.

Annually, the average trading price of TSR20 rubber 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 increase. The highest average monthly price for the TSR20 rubber commodity was recorded in June 2024 at US$173.6 per 100 kg.