Rubber futures traded slightly above 220 US cents per kilogram, hovering near the highest since February 2017, supported by elevated oil prices amid ongoing Middle East tensions and weather concerns in major producing regions. Natural rubber prices closely track crude oil, as higher oil prices make synthetic rubber more expensive and boost demand for natural rubber. In major Southeast Asian producers, including Thailand, Indonesia and Vietnam, monsoon rains since mid-May have disrupted agricultural activity and constrained output, with elevated temperatures amid climate change also weighing on production. Thailand is also under maximum environmental alert due to an intense “Super El Niño” phenomenon expected to trigger severe drought conditions in the country. Meanwhile, weak tyre demand from the Middle East continues to weigh on rubber consumption, as the region imports large volumes of Chinese-made tyres that rely on rubber as a key input.
Rubber rose to 228.30 USD Cents / Kg on May 29, 2026, up 2.79% from the previous day. Over the past month, Rubber's price has risen 5.99%, and is up 40.93% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Rubber reached an all time high of 815 in February of 2025. Rubber - data, forecasts, historical chart - was last updated on May 30 of 2026.
Rubber rose to 228.30 USD Cents / Kg on May 29, 2026, up 2.79% from the previous day. Over the past month, Rubber's price has risen 5.99%, and is up 40.93% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Rubber is expected to trade at 222.20 US Cents/kg by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 234.36 in 12 months time.