TSR20 Rubber Price Traded at USD 141 per Kg This Morning (Tuesday, December 5, 2023)

The price of TSR20 rubber for transactions on Tuesday, December 5, 2023, decreased. Today's TSR20 rubber price traded at SGD 141 per kg. This is lower than the previous day's trading price of SGD 142.4 per kg. This condition completes the downward trend of TSR20 rubber prices over the past two days.

Over the past week, the movement of TSR20 rubber prices slowed by 3.89 percent, with an average daily transaction price of SGD 143.47 per kg. According to Katadata Insight Center (KIC) calculations, year-to-date (YTD), the TSR20 rubber price has increased by 1.44 percent. The highest trading value for TSR20 rubber commodity this year was recorded at SGD 149.6 per kg on Tuesday, October 17, 2023.

Annually, the average trading price of TSR20 rubber has been on an upward trend over the past five years. Meanwhile, monthly price monitoring shows that transactions in the last 12 months have tended to decrease. The highest average monthly price for 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.