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 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 Price - Last Quarter

The natural rubber market is experiencing growth driven by the booming automotive industry, which relies heavily on rubber for tire manufacturing. As vehicle production increases globally, so does the demand for high-quality rubber, particularly for high-performance tires that meet the needs of both traditional and electric vehicles. The shift toward electric vehicles is further boosting the market, as these vehicles require specialized rubber components that offer enhanced durability, reduced noise, and better energy efficiency.

This trend aligns with global sustainability goals, which are pushing manufacturers to adopt more eco-friendly materials. Another significant driver is the rising demand for rubber in industrial applications. Sectors such as construction, manufacturing, and healthcare rely on natural rubber for various products, including seals, hoses, and gloves. The medical industry, in particular, has seen a surge in demand for rubber products due to heightened hygiene standards and increased demand for medical supplies, especially since the COVID-19 pandemic. Additionally, the footwear industry, which uses rubber for soles and other components, continues to contribute to the market's expansion.

Natural Rubber Industry Analysis

Due to limited supply and strong demand, prices in North America increased dramatically in the Q2 2024. Prolonged problems with the supply chain, such as plant closings and delays in operations, caused shortages and raised costs. Logistics were made even more difficult by growing transportation costs, which were made worse by heightened political unrest throughout the world and rising gasoline prices. Due to this, rubber prices have been steadily rising, especially as supply has been unable to keep up with the increasing demand from a variety of businesses.

Besides, prices for natural rubber increased dramatically in the Asia Pacific in the second quarter of 2024. Robust demand continuously surpassed constrained supply and increasing input costs especially those associated with energy exacerbated the price increase. Procurement costs increased due to increased transportation costs and persistent logistical obstacles, in addition to geopolitical issues. In addition, unfavorable weather made rubber tapping more difficult, thus restricting supply. Lower inventories and increased demand from downstream sectors contributed to a strong market sentiment that kept prices rising.

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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IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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