Natural Rubber Raw Material Prices Rise in Thailand on September 28
On September 28, natural rubber raw material prices in Thailand experienced an increase. Ribbed smoked sheets (RSS) were quoted at 87.00 THB/kg, marking a rise of 0.40 THB/kg. Field latex prices increased by 1.50 THB/kg to 82.50 THB/kg, and cup lump prices rose by 0.50 THB/kg to 76.00 THB/kg.
As Thailand is a major hub for natural rubber production, these price increases directly affect upstream production costs. This trend supports higher spot prices for natural rubber and suggests a positive outlook for related futures contracts.
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