Extreme weather, limited supply, and new strategies: the rubber market under pressure
Heavy rains in key regions of Asia are causing supply disruptions and putting pressure on international prices.
In recent days, heavy rains and flooding have affected producing areas in southwestern China, such as Guangxi, Chongqing, and Guangzhou, forcing the evacuation of more than 80,000 people. This is compounded by rainfall in northern Thailand, Vietnam, and the Philippines as a result of the southwest monsoon.
This weather phenomenon, anticipated by regional forecasts, has temporarily reduced supply and has become one of the main drivers of the recent rise in rubber and latex prices.
Natural rubber price evolution | US$/100kg
Natural latex price evolution | US$/100kg