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On October 14, market prices for natural rubber raw materials in Thailand increased: Ribbed Smoked Sheets (RSS) were quoted at 90.50 THB/kg (up 0.50 THB/kg); field latex at 89.00 THB/kg (up 0.50 THB/kg); and cup lump at 81.00 THB/kg (up 1.00 THB/kg).
Thailand is a key global production hub to natural rubber. The across-the-board price increases to raw materials—including RSS, field latex, and cup lump—have significantly strengthened cost-side support. This direction is favorable to natural rubber spot prices and provides positive support to the futures market, driving a bullish price direction.
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