ANRPC releases Natural Rubber Trends for August 2021
Both physical and futures NR markets have posted downward price trends during August 2021. Despite such downward trends, the average FOB price in block rubber market have improved this month. The average FOB price of STR-20 rose US$0.11 per kg to US$1.72 per kg, while the SMR-20 price improved US$0.09 per kg to US$1.73 per kg during the reference period. The same observations also shared in rubber sheet markets, however the price deviation between RSS-3 in Bangkok and RSS-4 in Kottayam have widened further approximately US$0.60 per kg during August 2021 as compared to US$0.50 per kg recorded in July 2021.