📅 24 April 2026
The global rubber market is showing a moderately bullish trend, supported by stronger international prices and tight supply conditions.
🌍 Global Market Highlights
- Japan (OSE) rubber futures rose for the third straight session, reaching 400.9 yen/kg.
- The rise is mainly supported by a weaker Japanese yen and higher crude oil prices.
- Shanghai rubber futures (SHFE) declined slightly to 17,090 yuan/ton due to short-term profit booking.
- SICOM Singapore rubber traded around 210 US cents/kg, mostly stable.
- Thailand export prices also increased, showing strong physical demand.
📈 Key Factors Supporting Prices
✔ Rising crude oil prices
✔ Weaker Japanese yen supporting export demand
✔ Steady demand from tyre and automobile industries
✔ Limited supply in producing regions
🇮🇳 India Rubber Market
Rubber prices in Kerala markets continue to rise:
- RSS-4: around ₹238/kg
- RSS-5: around ₹234/kg
- Dealers reportedly buying sheets near ₹242/kg
There is currently a shortage of sheet rubber, which may push prices above ₹250/kg in the coming weeks if supply remains tight.
🔎 Market Outlook
The short-term outlook remains moderately bullish due to:
- Firm international rubber prices
- Rising oil prices
- Tight supply in India and other producing regions
However, traders should watch:
• China rubber futures movement
• Crude oil prices
• Weather and tapping conditions
📊 Overall: Rubber prices may remain firm with chances of further upside if supply stays limited.
