TSR20 Rubber Price Falls to US$195.4 per 100 kg (Friday, September 20, 2024)
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Investing.com notes that the TSR20 rubber price today fell 0.61 percent to US$195.4 per 100 kg. This price drop is relatively significant compared to the average price movement over the past week.
Previously, the TSR20 rubber price experienced its highest surge on Tuesday, September 17, 2024, reaching 2.49 percent. It has strengthened by 25.34 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 7.3 percent, with an average daily transaction price of US$191 per 100 kg. According to Katadata Insight Center (KIC) calculations, year-to-date (YTD), the TSR20 rubber price has increased by 25.34 percent. The highest trading value for the TSR20 rubber commodity this year was recorded at US$196.6 per 100 kg on Thursday, September 19, 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 September 2024 at US$184.87 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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