TSR20 Rubber Price Traded at US$162 per 100 kg This Morning (Wednesday, July 24, 2024)

On July 25, 2024, the price of TSR20 rubber increased by 1.06 percent to US$162 per 100 kg. This increase is considered relatively high compared to the average price movement over the past week.

This week, the highest surge in TSR20 rubber prices occurred on Wednesday, July 24, 2024, at 1.06 percent. Compared to the beginning of the year, it has strengthened by 3.91 percent.

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

Over the past week, the price of TSR20 rubber grew by 0.62 percent, with an average daily transaction price of US$161.91 per 100 kg. According to Katadata Insight Center (KIC) calculations, year-to-date (YTD), the price of TSR20 rubber has increased by 3.91 percent. However, from its highest price this year of US$183.7 per 100 kg, the price of TSR20 rubber has fallen by 11.81 percent.

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 of TSR20 rubber was recorded in June 2024 at US$173.9 per 100 kg.