Key Data (March 2025)

In January, natural rubber production in the five main Southeast Asian countries grew by 1.8% compared to the weak 2024. A better supply is expected this year, but with modest growth, which would keep prices high during the first half of the year.

China started 2025 with strong data: industrial activity grew by almost 6% year-over-year, with consumption also on the rise. Additionally, a stimulus package was announced to support economic activity, which reinforces rubber demand, as China is the world's largest buyer.

The conflict in the Middle East has intensified and the Suez Canal remains blocked, causing maritime traffic to remain diverted and delivery times to increase. On a global level, and due to falling crude oil prices, maritime freight costs are trending downward.