Natural Rubber Price in USA
- United States: 1765 USD/MT
At the close of December 2023, the settled prices for Natural Rubber (DRC 60% H.A.) CFR Houston in the USA stood at USD 1765 per metric ton, marking an average quarterly rise of 0.88%.
The latest report by IMARC Group, titled "Natural Rubber Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of Natural Rubber Prices. This report delves into globally, presenting a detailed analysis, along with an informative Natural Rubber Price Chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
Natural Rubber Price Analysis:
- China: 1325 USD/MT
- Netherlands: 1165 USD/MT
Report Offering:
- Monthly Updates: Annual Subscription
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The study delves into the factors affecting natural rubber price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
Request For a Sample Copy of the Report: https://www.imarcgroup.com/natural-rubber-pricing-report/requestsample
Natural Rubber Prices - Last Quarter
The Natural Rubber market is being driven by a combination of supply chain challenges, rising global demand, and fluctuating input costs. Demand for natural rubber remains strong across various industries, particularly in the automotive and manufacturing sectors, where it is essential for tire production and industrial applications. Supply-side constraints, such as disruptions in key rubber-producing regions due to adverse weather and logistical issues, are creating bottlenecks that limit availability.
Geopolitical tensions and transportation challenges, including rising fuel costs and shipping delays, further exacerbate the supply chain difficulties, pushing prices higher. Additionally, energy costs associated with production and transportation have surged, increasing the overall cost structure. Seasonal factors also contribute to price volatility, with peak demand periods and limited inventory levels driving fluctuations. As the market strives to meet the rising demand, especially in regions such as North America and APAC, the natural rubber market continues to experience a bullish pricing environment influenced by these converging elements.
Natural Rubber Industry Analysis
In North America, natural rubber prices surged in Q2 2024 due to persistent supply chain interruptions and increased transportation costs. Logistical disruptions, including plant shutdowns and elevated fuel prices, contributed to supply shortages, driving prices higher. The U.S. reliance on imports, combined with reduced inventories and seasonal stockpiling, further fueled price volatility. Additionally, geopolitical tensions played a significant role in exacerbating supply-demand imbalances, resulting in sharp price increases by the end of the quarter. In the Asia Pacific region, rising demand, coupled with constrained supply, significantly influenced natural rubber prices in Q2 2024.
The semiconductor and manufacturing sectors, particularly in China, saw a surge in demand post-Lunar New Year, driving prices upward. Geopolitical factors, supply chain disruptions, and adverse weather conditions in key rubber-producing areas further tightened supply. These factors, along with increased energy and freight costs, created a bullish market sentiment and sustained upward pressure on prices throughout the quarter.
In Europe, natural rubber prices climbed steadily during Q2 2024, largely due to rising production costs and supply chain disruptions. The Panama Canal drought and logistical delays caused by external geopolitical factors, such as conflicts in the Middle East, contributed to vessel shortages and extended lead times. In the Netherlands, seasonal weather conditions in rubber-producing regions reduced raw material availability, driving prices higher. Strong demand from downstream sectors further amplified the upward price trend across the European market.
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
- Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
- North America: United States and Canada
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco.
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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