Laem Chabang, Thailand: In May xxxx, the Natural Rubber (TSR) STR xx followed a bullish market scenario as the market was severely affected by the tight supply of the feedstock Latex market. The raw material production areas were affected by the rainy season which made the producers delay their rubber-tapping process, however, the demand from the downstream Automotive and Tire sector was strong but due to the delayed production resulting in the late shipments, the Natural Rubber (TSR) STR xx faced an incline in their trend.
In Thailand, the Natural Rubber (TSR) STR xx market experienced a steep incline of xx.xxx and reached USD xxxx/MT (FOB-Laem Chabang) in May xxxx. The bullish market scenario was attributed to the disruption in the Natural Rubber (TSR) STR xx supply chain. Due to the tight supply of feedstock Latex,...
