Home breadcru News breadcru Raw Material Prices breadcru  | Thai natural rubber rise 15% to $1.54 in Jan 2024, FOB prices up 5%

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Thai natural rubber rise 15% to $1.54 in Jan 2024, FOB prices up 5%

10 Jan '24
2 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • In 2023, Thailand's domestic natural rubber prices fluctuated, starting at $*.** per kg, dropping to $*.** per kg, then rising to $*.** per kg by early 2024, a **.** per cent increase.
  • Meanwhile, Bangkok's FOB prices also varied, beginning at $*.** per kg, decreasing to $*.** per kg, and finally escalating to $*.** per kg in January 2024.

*.*pt"> Natural rubber prices in Thailand’s domestic market have risen by **.** per cent in the last * year to reach $*.** per kg in the first week of January. However, the FOB prices of the commodity in Bangkok, Thailand, saw a rise of *.** per cent, reaching $*.** per kg in the first week of this month. 

*.*pt"> Natural rubber was traded at $*.** per kg in Thailand’s domestic market at the beginning of the first quarter of ****. It decreased by *.** per cent to $*.** per kg in the first week of the second quarter. The prices then declined further by *.** per cent to $*.** per kg in the first week of the July-September quarter of ****. However, natural rubber jumped by **.** per cent to $*.** per kg at the beginning of the last quarter of ****. The prices further increased by *.** per cent to $*.** per kg in the first week of the new year, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion’s market insight tool TexPro. 

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