Natural Rubber (TSR) Prices, News, Trend, Graph, Chart, Monitor and Forecast
The Natural Rubber (TSR) market has witnessed significant fluctuations in recent years, influenced by various macroeconomic and industry-specific factors. Prices of natural rubber are primarily dictated by supply-demand dynamics, weather conditions, geopolitical developments, and global economic performance. As a crucial raw material in industries such as automotive, manufacturing, and construction, any disruption in its supply chain or demand pattern leads to noticeable price movements. The global demand for TSR is closely tied to the automotive sector, which consumes a substantial portion of the world’s rubber production for tire manufacturing. A rise in vehicle production and sales often drives the demand for natural rubber, resulting in upward price trends. Conversely, economic downturns, recessions, or reduced automobile manufacturing tend to exert downward pressure on prices. The supply of natural rubber is heavily dependent on weather patterns in key producing regions such as Th...