TSR20 Rubber Price Falls to US$172.9 per 100 kg (Friday, August 16, 2024)
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The price of TSR20 rubber for transactions on Friday, August 16, 2024, decreased. Today's TSR20 rubber price traded at US$172.9 per 100 kg. This figure is lower than the previous day's trade, which was at US$173.1 per 100 kg. This current condition is similar to the TSR20 rubber price movement in the last day, which has been on an upward trend.
Over the past week, the TSR20 rubber price movement grew by 3.35 percent, with an average daily transaction price of US$171.46 per 100 kg. Compared to the price at the beginning of the year, the TSR20 rubber price has grown by 10.9 percent. The highest trading value for the TSR20 rubber commodity this year was recorded at US$183.7 per 100 kg, which occurred on Friday, June 7, 2024.
Annually, the average TSR20 rubber price trade 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.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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