Natural Rubber Price Trend and Forecast
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natural rubber Price Trends by Country

vnVietnam
thThailand
cnChina
inIndia
idIndonesia
usUnited States
myMalaysia
nlNetherlands
brBrazil

natural rubber Pricing Trends in India: 

Global natural rubber Price Trend, Analysis and Forecast​

Natural Rubber Price Trend Analysis: Q1 2025

In Q1 2025, Natural Rubber (Latex 60%) prices FOB Laem Chabang slipped to 1,475 USD/MT, marking a −6.65% drop from Q4 2024. This decline was driven by weaker global demand, especially from the automotive sector in China and Europe, which affected import momentum.

At the same time, favorable weather conditions across Thailand boosted production, leading to an abundant domestic supply. Adding to the pressure, geopolitical tensions and shipping disruptions in the Red Sea created uncertainty in global trade flows, prompting many international buyers to delay large-volume purchases. 

Natural Rubber Price Trend Analysis: Q2 2025

In Q2 2025, Natural Rubber (Latex 60%) prices FOB Laem Chabang averaged 1,448 USD per metric ton, showing a −5.67% decline from 1,535 USD per metric ton in Q1 2025. This decrease was driven by softer demand from the automotive and manufacturing sectors amid ongoing global economic uncertainties. Excess global supply and rising inventories further pressured prices downward.

Buyers remained cautious, limiting new purchases due to concerns about future market conditions. Despite the price drop, production and export activities stayed stable, supported by steady supply from major rubber-producing countries. The market overall reflected a cautious tone, balancing adequate supply against subdued demand, resulting in a moderate price correction while maintaining market equilibrium. 

Natural Rubber Price Trend Analysis: Q1 2024

In Q1 2024, the global Natural Rubber (Latex 60%) market sustained a bullish trend, driven largely by strong demand from vital sectors such as automotive, manufacturing, and consumer goods. FOB Laem Chabang prices were reported at 1,577.5 USD/MT in January and 1,730.8 USD/MT in February, marking a +10% increase month-over-month.

This surge was driven by robust activity in construction and increased use of Natural Rubber in products such as tires, footwear, and adhesives. The Lunar New Year also boosted demand for packaging materials, leading to a spike in production and distribution, which further lifted Natural Rubber consumption. 

Natural Rubber Price Trend Analysis: Q2 2024

In Q2 2024, Natural Rubber (Latex 60%) prices FOB Laem Chabang rose to 1,917.6 USD/MT, reflecting a +10% increase from Q1. This rise was supported by strong demand from sectors like automotive tires, medical gloves, and processed rubber goods. Increased output in these areas, along with logistical constraints and rising freight costs, added upward pressure on prices. Additionally, supply chain disruptions and factory shutdowns tightened the availability of Natural Rubber, further driving the price increase. 

Natural Rubber Price Trend Analysis: Q3 2024

By early Q3 2024, Natural Rubber (Latex 60%) demand shifted to a more bearish trend, with FOB Laem Chabang prices reported at 1,764 USD/MT in July, indicating a −9% decline from June. This downturn was attributed to weaker demand from key sectors and an abundant global supply, prompting market correction.

The easing of supply chain issues and improved production capabilities contributed to better inventory levels and softer prices. Seasonal factors and reduced consumer demand in certain regions also played a role in driving prices down. 

Natural Rubber Price Trend Analysis: Q4 2024

Looking ahead to Q4 2024, the Natural Rubber (Latex 60%) market was expected to witness shifting dynamics. As the festive season approached, increased demand for Natural Rubber in packaging and automotive applications was likely to drive prices up. Additionally, potential supply chain challenges, such as geopolitical pressures and weather-related disruptions, could impact market conditions.

The ongoing focus on sustainable practices and advancements in production technologies also had the potential to influence future pricing and supply availability. Overall, procurement teams were advised to remain attentive and adaptive to changing demand conditions while planning for the upcoming quarter. 

India natural rubber Price Trend, Analysis and Forecast

Natural Rubber Price Trend Analysis: Q1 2025

As Q1 2025 began, prices of Natural Rubber (Latex 60%) of Ex-Kottayam showed a modest rebound, climbing to 1,568 USD/MT, which marks a +3.50% increase from Q4 2024. The rise was supported by steady offtake from tyre manufacturers and rubber goods producers, driven by strong auto sales at the start of the year.

Cooler winter weather in key production zones slightly limited the yield, tightening fresh supply in the market. Export demand for processed rubber goods also lent support to local procurement. Still, the market remained generally balanced, with adequate stock levels keeping any sharp spikes in check. 

Natural Rubber Price Trend Analysis: Q2 2025

In Q2 2025, according to PriceWatch, Natural Rubber (Latex 60%) prices Ex-Kottayam averaged 1,635 USD per metric ton, reflecting a +4.57% increase from 1,568 USD per metric ton in Q1 2025. The price rise was primarily driven by sustained demand from India’s glove and rubber goods manufacturing sectors. Favorable weather conditions supported steady tapping activity, but rising labor and processing costs added upward pressure on prices.

Additionally, limited availability of high-quality latex and firm buying interest from domestic processors kept the market buoyant. The consistent upward price trend indicated strong downstream demand and tighter supply dynamics. Overall, the Indian Natural Rubber (Latex 60%) market maintained a bullish outlook during Q2. 

Natural Rubber Price Trend Analysis: Q1 2024

In Q1 2024, the Indian Natural Rubber (Latex 60%) market experienced a strong upward trend, with prices of Ex-Kottayam reported at 1,454 USD/MT, reflecting a +8.27% increase from the previous quarter. This surge was largely fueled by improved buying interest from the automotive and tyre manufacturing sectors, which saw a recovery in production activity after a muted Q4 2023.

Additionally, the harvest season in key rubber-producing states like Kerala led to tight domestic supply, further supporting the price rise. The festive season during January and February also contributed to a temporary boost in demand, particularly in logistics and two-wheeler sales, which rely heavily on rubber-based components. 

Natural Rubber Price Trend Analysis: Q2 2024

In Q2 2024, Natural Rubber (Latex 60%) prices of Ex-Kottayam continued to rise, reaching around 1,615 USD/MT, marking an +11.07% increase from Q1. This steady growth was driven by stronger industrial demand, especially from tyre manufacturers fulfilling both domestic and export orders.

On the supply side, seasonal factors such as summer dryness in rubber-growing regions affected latex tapping, causing a mild supply constraint. Furthermore, global rubber prices firmed up due to limited exports from Southeast Asian countries, indirectly impacting the Indian market as well. This price movement aligned with a broader recovery in automotive demand and increased freight activity. 

Natural Rubber Price Trend Analysis: Q3 2024

By Q3 2024, the market saw a sharper increase in Natural Rubber (Latex 60%) prices of Ex-Kottayam, rising to 1,846 USD/MT, a +14.30% jump from Q2. The rally was mainly driven by ongoing tight supply conditions during the monsoon season, which disrupted harvesting and delayed transportation in rubber-producing belts.

Domestic manufacturers ramped up procurement amid fears of prolonged supply gaps, especially with festive demand for commercial vehicles and replacement tyres peaking. Additionally, port-related challenges and slower imports of rubber from Southeast Asia contributed to a tighter market, pushing prices further upward. 

Natural Rubber Price Trend Analysis: Q4 2024

In Q4 2024, the Natural Rubber (Latex 60%) market of Ex-Kottayam witnessed a notable correction, with prices settling around 1,515 USD/MT, reflecting a −17.93% decline from Q3. This drop was largely due to improved tapping conditions post-monsoon, leading to better domestic supply.

Additionally, festive season demand had already peaked, and many buyers had stocked up in the previous quarter. With imports stabilizing and production from Kerala and northeastern regions improving, the market experienced a decrease in procurement pressure, bringing prices down to more comfortable levels. 

Global natural rubber Supply Chain

Downstream
  • Tyre and automotive industry
  • Industrial machinery
  • Medical (Gloves, elastic devices)
Major supplying countries
  • India
  • Indonesia
  • Vietnam
  • Malaysia
  • Thailand
Major importing countries
  • USA
  • Brazil
  • China
  • Netherlands

India natural rubber Supply Chain

Downstream
  • Tyre and automotive industry
  • Industrial machinery
  • Medical (Gloves, elastic devices)
Major supplying countries
  • India
  • Indonesia
  • Vietnam
  • Malaysia
  • Thailand
Major importing countries
  • USA
  • Brazil
  • China
  • Netherlands

Technical Specifications of Natural Rubber Price Trends

Molecular Weight[g/mol]

CAS No

9006-04-6

HS Code

400110

Molecular Formula

(C5H8) n
natural rubber

Natural Rubber is a flexible, durable material made from the latex of rubber trees, primarily found in tropical regions. It is widely used in tires, industrial products, and medical items due to its excellent elasticity, strength, and resistance to wear and tear. Its natural origin and versatility make it a popular choice for a variety of applications where performance and resilience are key.

Packaging Type

Drum/IBCs/Flexi tanks (Latex), Bales/Bags (TSR and RSS)

Natural Rubber Grades Covered

Bulk Latex 60%DRC, RSS Bale 3, TSR (ISNR 20, SMR 20, SMR10, SMR5, SMR CV, STR20, SIR 20).

Incoterms Used

CIF Houston (Thailand, Vietnam), CIF Rotterdam (Malaysia, Thailand, Vietnam), CIF Santos (Thailand, Vietnam), CIF Shanghai (Thailand, Vietnam), Ex-Kottayam, Ex-South India, Ex West India, FOB Jakarta, FOB Saigon, FOB Bangkok, FOB Johor.

Synonym

Latex

PriceWatch Quotation Terms:

25-28 MT

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Grade  TECHNICAL SPECIFICATIONS   
  Dry Rubber Content (DRC 60%) HIGH AMMONIA AND LOW AMMONIA CONCENTRATED LATEX  High Ammonia  Low Ammonia 
Total solids content %, minimum  61.5  61.5 
Dry rubber content %, minimum  60  60 
Non-rubber solids %, maximum  2  2 
Ammonia, % on latex  0.6  0.29 
Minimum  Maximum  Maximum 
Mechanical stability, s, minimum  650  650 
Coagulum content %, maximum  0.05  0.05 
Copper, ppm, maximum  8  8 
Manganese, ppm, maximum  8  8 
Sludge content %, maximum  0.1  0.1 

 

RSS 3  TECHNICAL SPECIFICATIONS   
Oxidised spots  No 
Burnt sheets  No 
Opaque sheets  No 
Resinous matter (rust)  Less than 10% of sample 
Mould/Dry mould  Slight on Wrapper and Bale surface and Interior 
Blisters  Less than 10% of sample 
Bubbles  Small bubbles 
Translucent stains   
Under cured   
Over smoked   
Blemishes   
Specks  Slight specks of bark 

 

TSR  5  10  20  10CV  20CV  CV60  CV50  SIR 20 
Raw Material  Coagulum  Coagulum  Coagulum  Coagulum  Coagulum  Field latex  Field latex  Coagulum 
Dirt Content % max  0.05  0.08  0.16  0.08  0.16  0.02  0.02  0.2 
Ash Content % max  0.6  0.75  1  0.75  1  0.5  0.5  1 
Volatile Matter % max  0.8  0.8  0.8  0.8  0.8  0.8  0.8  0.8 
Nitrogen Content % max  0.6  0.6  0.6  0.6  0.6  0.6  0.6  0.6 
Initial Wallace Plasticity (Po) min  30  30  30  30  30      30 
Plasticity Retention Index (PRI) min  60  50  40  50  40  60  50  50 
Colour Index Lovibond max                 
Mooney Viscosity ML        60 +/- 5  60 +/- 5  60 +/- 5  50 +/- 5   

Natural Rubber Applications

Natural Rubber is widely used as a feedstock in the production of various products across different industries. It is primarily used to manufacture tyres, where its durability and elasticity are essential. Additionally, Natural Rubber is used in making rubber gloves, gaskets, seals, and medical devices due to its flexibility and resistance to wear and tear. It also plays a crucial role in producing various types of industrial and consumer goods, such as conveyor belts and footwear. Its versatility makes it a key material in many applications requiring strength, resilience, and flexibility. 

Historically, several events have caused significant fluctuations in Natural Rubber prices

  • China’s Economic Slowdown (2023-2024): A slowdown in China’s economy led to reduced demand for Natural Rubber, particularly in the automotive and manufacturing sectors, causing downward pressure on prices.
  • Southeast Asia Droughts (2022): Severe droughts in Thailand and Malaysia, major producers of Natural Rubber, reduced latex output, leading to a temporary supply shortage and increased prices globally.
  • COVID-19 Pandemic (2020-2021): Natural Rubber prices initially dropped due to reduced demand in industries like automotive, but as demand for medical gloves and packaging materials surged, prices rebounded sharply.
  • Thailand’s Export Restrictions (2019): To stabilize falling prices, Thailand, one of the largest producers of Natural Rubber, introduced export restrictions, leading to reduced global supply and a price increase.
  • El Niño Weather Event (2016): The El Niño phenomenon caused extreme weather conditions in Southeast Asia, impacting latex yields and reducing supply, which led to a significant spike in Natural Rubber prices.
  • China’s Stockpile Management (2015): China, a major consumer of Natural Rubber, adjusted its stockpile strategies in 2015, purchasing large quantities to build reserves. This increased demand, temporarily raising global prices.

 

These events highlight the sensitivity of the Natural Rubber market to environmental factors, geopolitical tensions, and shifts in demand, underscoring the importance of constant monitoring for procurement strategies.

Why PriceWatch?

PriceWatch is your trusted resource for tracking global natural rubber price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the natural rubber market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, PriceWatch keeps you fully informed of market dynamics.

In addition, PriceWatch provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With PriceWatch, you gain a competitive edge in understanding all the elements that influence natural rubber prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely natural rubber market data.

Track PriceWatch's natural rubber price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Data Collection and Sources​

  • Real-Time Market Data: PriceWatch gathers real-time pricing data for Natural Rubber from a variety of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures our pricing assessments reflect the latest market conditions.
  • On-the-Ground Intelligence: Our team gathers insights directly from key market players such as producers, suppliers, traders, and end-users across major Natural Rubber production hubs. This hands-on intelligence is critical for understanding localized market dynamics.
  • Supply Chain Monitoring: We closely monitor the entire Natural Rubber supply chain, from rubber plantations to processing, production, and distribution. This includes tracking feedstock supply, production capacities, and logistics, providing a comprehensive view of the supply landscape.

Event Tracking and Impact Analysis​

  • Geopolitical Developments: PriceWatch continuously tracks geopolitical factors, such as trade disputes or changes in government policies, which can significantly affect Natural Rubber prices. For example, export restrictions or tariff changes in major producing countries like Thailand, Indonesia, or Malaysia may impact global supply and pricing.
  • Climate and Environmental Events: Natural Rubber production is highly sensitive to climate conditions. We assess the impact of weather events such as heavy rains, droughts, or disease outbreaks in plantations (e.g., leaf blight), which can disrupt supply and lead to price fluctuations. Our forecasts take these environmental factors into account.
  • Economic Factors: PriceWatch analyzes global economic conditions, including growth trends, inflation rates, and demand from key industries like automotive and construction. These macroeconomic trends help us predict shifts in Natural Rubber demand and pricing.

Production Capacity and Supply Analysis

  • Current Production Monitoring: We maintain a detailed database of global Natural Rubber production facilities, including plantations and processing units, tracking their operational status, seasonal production variations, and output levels. This allows us to provide an accurate picture of current supply availability.
  • Future Capacity Projections: Our research includes forecasts of upcoming production capacities, considering new plantations, expansion of existing processing units, and advancements in harvesting technologies. This helps anticipate future supply trends and price stability.

Demand Forecasting

  • Sectoral Demand Analysis: PriceWatch offers in-depth analysis of demand across major sectors such as automotive (for tires), healthcare (for medical gloves), and industrial applications. We track annual demand growth and project future consumption trends based on industry developments and economic indicators.
  • Global Demand Dynamics: Our methodology includes regional demand variations, such as increased demand from emerging markets or shifts in manufacturing bases. This regional analysis helps explain how changes in demand can influence global Natural Rubber prices.

Pricing Model Development

  • Dynamic Pricing Models: PriceWatch uses advanced econometric models to forecast Natural Rubber prices. These models incorporate real-time data, historical trends, and projected market conditions. We continually refine these models to ensure accuracy and reliability.
  • Scenario Analysis: We conduct scenario-based assessments to explore different future market conditions. These scenarios include best-case, worst-case, and most-likely outcomes, helping clients prepare for various price movements and market changes.

Reporting and Client Support

  • Comprehensive Reports: Our clients receive detailed reports containing current Natural Rubber price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to provide clear, actionable insights.
  • Ongoing Support: PriceWatch provides continuous updates and personalized client support. Our team is always available to discuss specific market developments, offer tailored advice, and ensure clients have the most up-to-date information for decision-making.

 

This research methodology ensures that PriceWatch delivers the most accurate, timely, and actionable Natural Rubber pricing assessments, enabling our clients to stay ahead of market trends and make well-informed business decisions.

Molecular Weight[g/mol]

CAS No

9006-04-6

HS Code

400110

Molecular Formula

(C5H8) n
natural rubber

Natural Rubber is a flexible, durable material made from the latex of rubber trees, primarily found in tropical regions. It is widely used in tires, industrial products, and medical items due to its excellent elasticity, strength, and resistance to wear and tear. Its natural origin and versatility make it a popular choice for a variety of applications where performance and resilience are key.

Packaging Type

Drum/IBCs/Flexi tanks (Latex), Bales/Bags (TSR and RSS)

Grades Covered

Bulk Latex 60%DRC, RSS Bale 3, TSR (ISNR 20, SMR 20, SMR10, SMR5, SMR CV, STR20, SIR 20).

Incoterms Used

CIF Houston (Thailand, Vietnam), CIF Rotterdam (Malaysia, Thailand, Vietnam), CIF Santos (Thailand, Vietnam), CIF Shanghai (Thailand, Vietnam), Ex-Kottayam, Ex-South India, Ex West India, FOB Jakarta, FOB Saigon, FOB Bangkok, FOB Johor.

Synonym

Latex

PriceWatch Quotation Terms:

25-28 MT

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Grade  TECHNICAL SPECIFICATIONS   
  Dry Rubber Content (DRC 60%) HIGH AMMONIA AND LOW AMMONIA CONCENTRATED LATEX  High Ammonia  Low Ammonia 
Total solids content %, minimum  61.5  61.5 
Dry rubber content %, minimum  60  60 
Non-rubber solids %, maximum  2  2 
Ammonia, % on latex  0.6  0.29 
Minimum  Maximum  Maximum 
Mechanical stability, s, minimum  650  650 
Coagulum content %, maximum  0.05  0.05 
Copper, ppm, maximum  8  8 
Manganese, ppm, maximum  8  8 
Sludge content %, maximum  0.1  0.1 

 

RSS 3  TECHNICAL SPECIFICATIONS   
Oxidised spots  No 
Burnt sheets  No 
Opaque sheets  No 
Resinous matter (rust)  Less than 10% of sample 
Mould/Dry mould  Slight on Wrapper and Bale surface and Interior 
Blisters  Less than 10% of sample 
Bubbles  Small bubbles 
Translucent stains   
Under cured   
Over smoked   
Blemishes   
Specks  Slight specks of bark 

 

TSR  5  10  20  10CV  20CV  CV60  CV50  SIR 20 
Raw Material  Coagulum  Coagulum  Coagulum  Coagulum  Coagulum  Field latex  Field latex  Coagulum 
Dirt Content % max  0.05  0.08  0.16  0.08  0.16  0.02  0.02  0.2 
Ash Content % max  0.6  0.75  1  0.75  1  0.5  0.5  1 
Volatile Matter % max  0.8  0.8  0.8  0.8  0.8  0.8  0.8  0.8 
Nitrogen Content % max  0.6  0.6  0.6  0.6  0.6  0.6  0.6  0.6 
Initial Wallace Plasticity (Po) min  30  30  30  30  30      30 
Plasticity Retention Index (PRI) min  60  50  40  50  40  60  50  50 
Colour Index Lovibond max                 
Mooney Viscosity ML        60 +/- 5  60 +/- 5  60 +/- 5  50 +/- 5   

Applications

Natural Rubber is widely used as a feedstock in the production of various products across different industries. It is primarily used to manufacture tyres, where its durability and elasticity are essential. Additionally, Natural Rubber is used in making rubber gloves, gaskets, seals, and medical devices due to its flexibility and resistance to wear and tear. It also plays a crucial role in producing various types of industrial and consumer goods, such as conveyor belts and footwear. Its versatility makes it a key material in many applications requiring strength, resilience, and flexibility. 

Natural Rubber Market Price Trend provided by PriceWatch is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for natural rubber. PriceWatch disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

The price of Natural Rubber is influenced by several factors, including the supply of raw materials from major producing countries such as Thailand, Indonesia, and Malaysia. Fluctuations in demand from key industries like automotive, changes in weather conditions affecting rubber plantations, and geopolitical events also play a crucial role. Additionally, transportation costs, currency exchange rates, and government export policies can impact pricing trends for Natural Rubber.

Natural Rubber production is highly sensitive to weather conditions. Heavy rainfall, droughts, or disease outbreaks in major producing regions can reduce latex yield, leading to lower supply and higher prices. Conversely, favourable weather conditions typically result in higher production, which can lead to price stabilization or reductions. Procurement heads should monitor weather patterns closely to anticipate potential price fluctuations.

Natural Rubber prices can vary significantly across regions due to differences in production capacities, export policies, and transportation costs. Southeast Asia, being the largest producer, generally offers more competitive prices compared to other regions like Europe or North America. Procurement teams should consider sourcing from regions where prices are lower and account for logistics costs, tariffs, and local market conditions to optimize procurement strategies.