The TSR20 rubber price traded at USD 149.4 per kg this afternoon (Monday, November 20, 2023).

Investing.com reports that the TSR20 rubber price today increased by 1.91 percent to SGD 149.4 per kg. This price increase is considerably higher than the average price movement over the past week.

This week, the TSR20 rubber price saw its highest surge on Monday, November 20, 2023, at 1.91 percent. It has strengthened by 7.48 percent compared to its year-to-date opening price.

The current situation is similar to previous movements of the TSR20 rubber price, which is currently on an upward trend.

Over the past week, the TSR20 rubber price grew by 1.01 percent, with an average daily transaction price of SGD 147.79 per kg. According to Katadata Insight Center (KIC) calculations, year-to-date (YTD), the TSR20 rubber price has increased by 7.48 percent. The highest trading value for the 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 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 listed as SGD per kg and has been changed to USD per 100kg. For direct reference, please click this source link.