| Month | Price | Change |
|---|---|---|
| Dec 2019 | 84.27 | 7.89 % |
| Jan 2020 | 85.40 | 1.35 % |
| Feb 2020 | 81.72 | -4.31 % |
| Mar 2020 | 76.36 | -6.57 % |
How much does rubber cost per kilo?
The average annual price of natural rubber at the Singapore Commodity Exchange (one of the key global commodity exchanges for rubber) reached a high of 4.82 U.S. dollars per kilogram in 2011. Since then the price has decreased, and in 2020 the average price was 1.73 U.S. dollars per kilogram in 2019.
What is the current price of rubber?
| Agricultural | Price | |
|---|---|---|
| Rubber JPY/Kg | 222.30 | 1.20 |
| Orange Juice USd/Lbs | 124.05 | 1.50 |
| Coffee USd/Lbs | 153.75 | 2.25 |
| Cotton USd/Lbs | 86.03 | 1.02 |
How much does synthetic rubber cost?
View Chart Data
| Date | Natural rubber | Synthetic rubber |
|---|---|---|
| Dec 2017 | 98.07 | 103.20 |
| Jan 2018 | 99.11 | 105.07 |
| Feb 2018 | 99.61 | 105.75 |
| Sources: The synthetic rubber index is from the U.S. Bureau of Labor Statistics, while the index for natural rubber is constructed from price data from the Association of Natural Rubber Producing Countries. | ||
Is the price of rubber going up?
Meanwhile, according to S&P Global, synthetic rubber prices increased in the fourth quarter of 2020, in line with stronger feedstock and natural rubber prices. Asia’s natural rubber market firmed up in late 2020 due to a labor shortage created by the coronavirus pandemic.
How much does rubber cost in 2020?
The average price of rubber at the Singapore Commodity Exchange (SICOM) in 2020 was 1.73 U.S. dollars per kilogram. Between 2010 and 2020, the average price of rubber reached a high in 2011 at 4.82 U.S. dollars per kilogram. Four years later prices had fallen to a low of 1.57 U.S. dollars per kilogram.
Is rubber cheaper than plastic?
Production Cost and Volume Considerations
When low costs and high production volumes are required, plastic usually delivers faster cycle times and considerably lower material costs than rubber, which is partly due to the different processes involved.
How many rubber plants are there in 1 acre?
With trees cultivated at a density of 375 to 450 per hectare (150 to 200 per acre), approximately from hybrid verity rubber 3,500 to 4,500 kilograms of rubber can be produced per hectare per year (that is, approximately ).
Why are rubber prices so low?
Natural rubber prices have been on a declining trend since 1995 as a result of global stocks rising to a historical high and it is only in the past two years that they have begun to taper off. Apart from currency factor, the increase in productivity in the three main producer countries has also added to the problem.
How much does rubber cost in China?
| Commodity | Sectors | Price |
|---|---|---|
| Natural rubber | Rubber & plastics | 12775.00 |
| Natural rubber | Rubber & plastics | 12847.50 |
| Natural rubber | Rubber & plastics | 12847.50 |
| Natural rubber | Rubber & plastics | 12847.50 |
Why is rubber so expensive?
Things made of rubber are getting more expensive because of Covid-19. … Rubber prices are bouncing upwards. Higher rubber demand due to the need for rubber gloves worldwide and rising car sales during the Covid-19 pandemic is driving up prices.
Is synthetic rubber cheaper than natural rubber?
Is Synthetic Rubber Better than Natural Rubber? … Synthetic rubber also tends to be cheaper to produce. On the other hand, natural rubber is known for its properties as a strong, flexible and heat-resistant material used to create latex products. Ultimately, which type of rubber is ‘better’ depends on its application.
How much rubber does tree produce?
An average rubber tree yields 19 pounds of rubber latex annually, and it requires 700,000 rubber trees to supply Alliance each year with natural rubber. Trees are six years old before tapping for rubber begins and they may be tapped for up to 28 years.
Will we ever run out of rubber?
These factors combined means that the world is now at a point where the supply of natural rubber is not keeping up with demand. In late 2019, the International Tripartite Rubber Council warned the global supply would fall short by one million tonnes (900,000 tons) in 2020, around 7% of production.
Is there a shortage on rubber?
It’s important to state right up front that there’s no rubber or tire shortage in the United States just yet. However, for the future-minded, all the pieces are in place for one to hit the auto industry in the near future.
Do we need rubber?
Natural rubber is one of the most important polymers for human society. Natural rubber is an essential raw material used in the creation of more than 40,000 products. It is used in medical devices, surgical gloves, aircraft and car tires, pacifiers, clothes, toys, etc.