TSR20 Rubber Price Traded at USD 144 per Kg This Morning (Wednesday, November 29, 2023)

The price of TSR20 rubber for transactions on Wednesday, November 29, 2023, decreased. Today's TSR20 rubber price traded at SGD 144 per kg. This is lower than the previous day's trade, which was at SGD 144.7 per kg. This current condition is similar to the downward trend of TSR20 rubber prices over the past three days.

Over the past week, the TSR20 rubber price has slowed by 3.61 percent, with an average daily transaction price of SGD 145.7 per kg. Compared to its position 30 days ago, the TSR20 rubber price has slowed by 0.41 percent. From its highest price this year at SGD 149.6 per kg, the TSR20 rubber price has fallen by 3.74 percent.

Annually, the average TSR20 rubber price trade over the past five years has shown an upward trend. Meanwhile, for monthly price monitoring, transactions in the last 12 months have tended to decline. The highest average monthly price of TSR20 rubber commodity was recorded in February 2022 at SGD 179.57 per kg.

*Update:*
This text 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.