The TSR20 rubber price traded at USD 142.4 per kg this afternoon (Monday, December 4, 2023).

Investing.com notes that the TSR20 rubber price today fell 0.7 percent to SGD 142.4 per kg. This price drop is relatively significant compared to the average price movement over the past week.

This week, the TSR20 rubber price saw its highest surge on Monday, December 4, 2023, at 0.7 percent. Trading since the beginning of the year has strengthened, with year-to-date growth of 2.45 percent.

The current situation is similar to previous movements in the TSR20 rubber price, which is currently in a declining trend.

Over the past week, the TSR20 rubber price movement slowed by 2.4 percent, with an average daily transaction price of SGD 144.29 per kg. According to Katadata Insight Center (KIC) calculations, year-to-date (YTD), the TSR20 rubber price has increased by 2.45 percent. Compared to its highest price this year at SGD 149.6 per kg, the TSR20 rubber price has fallen by 4.81 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 decline. The highest average monthly price for the TSR20 rubber commodity was recorded in February 2022 at SGD 179.57 per kg.

*Update:*
This article has been edited in the title and narrative. Previously, the commodity unit was written as SGD per kg and has been changed to USD per 100kg. For direct reference, please click this source link.