Rubber Market Update – Kerala & Global Trend
The 1 kg rubber latex price in Kerala today is expected to remain under mild pressure as global rubber futures declined in Japan and China on Monday. Weak tyre demand and rising rubber inventories continue to affect market sentiment, although higher crude oil prices are limiting deeper losses.
Global Rubber Price Movement
Japan Rubber Market (OSE)
- October rubber contract declined by 0.12%
- Latest price: 413.1 yen per kg
China Rubber Market (SHFE)
- September rubber contract fell 1%
- Latest price: 17,805 yuan per ton
Singapore Rubber Market (SICOM)
- June rubber contract remained mostly stable
- Price around 221.1 US cents per kg
Why Rubber Prices Are Weak
Weak Tyre Demand
Global tyre demand remains soft, especially in China and Europe.
- Chinese tyre exports are slowing
- Tyre factories are reducing raw rubber purchases
- European market recovery remains limited
This has slightly affected the 1 kg rubber latex price in Kerala today and overall market sentiment.
Rising Rubber Inventories
Rubber warehouse stocks in Shanghai increased by 3.8%, showing supply is rising faster than demand. Higher inventory levels usually create pressure on rubber prices.
Improved Weather in Thailand
Better weather conditions in Thailand may improve rubber tapping and production. This has reduced supply concerns in the international market.
Crude Oil Supports Rubber Prices
Crude oil prices moved sharply higher due to tensions involving Iran and the Strait of Hormuz.
Higher crude oil prices make synthetic rubber more expensive, which can support natural rubber demand and help stabilize the rubber latex price in Kerala today.
Kerala Rubber Market Outlook
Short-Term Trend
- Market sentiment remains slightly bearish
- Prices may stay weak or move sideways in the near term
- Demand from tyre manufacturers will remain a key factor
Farmers and traders in Kerala are closely watching international rubber futures and crude oil movements for the next price direction.
