TSR20 Rubber Price This Morning Traded at US$164.6 per 100 kg (Wednesday, July 31, 2024)

On August 2nd, 2024, the price of TSR20 rubber increased by 0.8 percent to US$164.6 per 100 kg. This increase is considered significant compared to the average price movement over the past week.

This week, the highest jump in TSR20 rubber prices occurred on Tuesday, July 30th, 2024, reaching 0.93 percent. Compared to the beginning of the year, the price has strengthened by 5.58 percent.

This current situation follows two days of a downward trend in TSR20 rubber prices.

Over the past week, the price of TSR20 rubber grew by 1.6 percent, with an average daily transaction price of US$162.76 per 100 kg. As a result, in 2024, the price of TSR20 rubber has increased by 5.58 percent from its beginning-of-year price of US$155.9 per 100 kg. However, compared to its highest price this year of US$183.7 per 100 kg, the price of TSR20 rubber has fallen by 10.4 percent.

Annually, the average trading price of TSR20 rubber over the past five years shows an upward trend. Meanwhile, monthly price monitoring over the past 12 months also indicates an upward trend. The highest average monthly price for TSR20 rubber was recorded in June 2024 at US$173.6 per 100 kg.