The global supply remains constrained by climatic factors in Asia, while demand shows no significant progress, particularly in key markets such as China, creating uncertainty in prices.
The Chinese government is considering auctioning off accumulated rubber reserves, which would temporarily increase supply and exert downward pressure on prices.
Weather conditions continue to complicate production in Asia.
Heavy rains are limiting the extraction of natural rubber and could further reduce supply as the year closes.
The exchange rate in Brazil has increased by 23% so far this year. This destabilizes the country's finances, where an increase in inflation is expected.