Natural Rubber Prices, Chart, Demand and Forecast

Natural Rubber Price in USA

  • United States: 1765 USD/MT

At the close of December 2023, the settled prices for Natural Rubber (DRC 60% H.A.) CFR Houston in the USA stood at USD 1765 per metric ton, marking an average quarterly rise of 0.88%.

The latest report by IMARC Group, titled “Natural Rubber Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” provides a thorough examination of Natural Rubber Prices. This report delves into globally, presenting a detailed analysis, along with an informative price chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.


Natural Rubber Price Analysis:

  • China: 1325 USD/MT
  • Netherlands: 1165 USD/MT

Request For a Sample Copy of the Report: https://www.imarcgroup.com/natural-rubber-pricing-report/requestsample

Natural Rubber Price Trend – Last Quarter

In the latter quarter of 2023, the natural rubber market grew rapidly, and the strong demand from Asian markets was primarily responsible for the price increase. This rise is a direct result of downstream sectors operating more actively, particularly in the run-up to winter, which raised domestic inquiries and caused pricing changes. For example, the average quarterly price increase in the North American market was spectacular and was driven by a considerable increase in the settled prices of Natural Latex Rubber. Businesses increasing their inventories in response to the pressing need to restock supplies in the face of rising input costs, particularly those for energy and raw materials, serve to reinforce the market’s resilience.

Natural Rubber Industry Analysis

Despite the early price spike in North America brought on by stronger demand in the Asian market and the ensuing downstream price adjustments, worldwide logistical issues complicated the situation in the last quarter of 2023. Geopolitical tensions, port congestion, and a lack of available containers increased lead times and shipping costs, which negatively affected the smooth flow of natural rubber from manufacturing facilities to markets.

In addition, delays in vital marine routes such as the Suez Canal and the Red Sea have raised shipping prices, creating serious obstacles for the world’s supply chain. A hazardous balance between supply chain efficiency and rising prices resulted from the strategic modifications made by shipping lines in response to assaults near the Suez Canal and congestion in the Panama Canal.

On the other hand, the APAC region witnessed similar complexity but was predominantly driven by robust demand, especially from the tire manufacturing sector, and supply-side constraints due to environmental factors affecting production. The depreciation of local currencies against the dollar added another layer of complexity, making imports more expensive and pushing prices upwards.

Despite these challenges, the demand remained strong, supported by economic growth and heightened consumer spending. However, towards the end of the quarter, a slight dip in prices was observed due to destocking efforts aimed at clearing year-end inventories. Similarly, in Europe, the market prices were initially on an uptrend due to sustained demand and inflationary pressures. Yet, logistical hurdles continued to plague the market, impacting the smooth transportation of rubber and indirectly influencing market prices.

Regional Price Analysis:

  • Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
  • Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
  • North America: United States and Canada
  • Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
  • Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco

Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

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IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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