TSR20 Rubber Price Rises to US$163.5 per 100 kg (Monday, July 29, 2024)

July 30, 2024 recorded a 0.43% increase in TSR20 rubber prices to US$163.5 per 100 kg. This increase is considered relatively high compared to the average price movement over the past week.

This week, the highest jump in TSR20 rubber prices occurred on Monday, July 29, 2024, at 0.43%. It has strengthened by 4.87% compared to its year-to-date position.

The current situation follows the TSR20 rubber price movement over the past two days, which has been in a downward trend.

Over the past week, TSR20 rubber prices grew by 0.25%, with an average daily transaction price of US$162 per 100 kg. Compared to the price 30 days ago, TSR20 rubber prices have grown by -5.11%. From its highest price this year at US$183.7 per 100 kg, the price of TSR20 rubber has fallen by 11%.

Annually, the average trade 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 TSR20 rubber was recorded in June 2024 at US$173.9 per 100 kg.