TSR20 Rubber Price Falls to SGD 169.8 per Kg (Wednesday, July 3, 2024)

The price of TSR20 rubber for transactions on Wednesday, July 3, 2024, decreased. Today's TSR20 rubber price trading was recorded at SGD 169.8 per kg. This figure is lower than the previous day's trading, which was at SGD 169.9 per kg. The current situation is similar to the TSR20 rubber price movement in the last day, which is in a shrinking trend.

Over the past week, the TSR20 rubber price movement grew by -0.7 percent, with an average daily transaction price of SGD 168.53 per kg. As a result, throughout 2024, the price of TSR20 rubber has increased by 8.92 percent from its year-start position of SGD 155.9 per kg. The highest trading value for the TSR20 rubber commodity this year was transacted at SGD 183.7 per kg, which occurred on Friday, June 7, 2024.

Year-on-year, the average TSR20 rubber price trading 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 SGD 173.9 per kg.