What is the average price of rubber in 2024?

As of November 2024, the average monthly global price of rubber was 2.29 U.S. dollars per kilogram. The average annual price of natural rubber at the Singapore Commodity Exchange in 2023 was 1.58 U.S. dollars per kilogram. Rubber is a widely used material, in both naturally and synthetically sourced forms.

What is the value of Indian rubber chemicals industry?

Indian Rubber Chemicals Industry was valued at $288 mn in 2017 and is expected to grow at 7.5% CAGR to reach $443 mn in 2023. Indian Rubber Chemical demand is of ~70,000 – 75,000 MT. (Source: Worldofchemicals)

How much has rubber decreased since 2025?

Rubber decreased 0.30 US Cents/kg or 0.15% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Rubber – values, historical data, forecasts and news – updated on February of 2025.

Why is rubber an important commodity?

Accordingly, rubber is an important commodity due to its numerous uses in everyday items. As with other internationally traded commodities that have relatively low market prices, low rubber prices have a negative impact on the rubber producers themselves.

What is echemi chemicals price database?

ECHEMI Chemicals Price Database covers the pricing data of as many as 200 products, grouped in 27 categories, in several countries. Solvent naphtha (petroleum), heavy arom. Price Database ECHEMI Chemicals Price Database subscribers access historical prices in a user-friendly graphing tool, which allows comparison of trends, download of price data.

Where is rubber used?

Is used extensively in many applications and products, either alone or in combination with other materials. The biggest producers of rubber are China, Indonesia, Malaysia and Thailand. Others include Papua New Guinea, Philippines, Singapore, Sri Lanka, Thailand, Vietnam, Cambodia, and India.