Rubber prices trend sideways amid weak global demand

Thansettakij•Economy•17d ago

Reader Briefing

The Rubber Authority of Thailand reports that rubber prices are trending sideways as positive supply and cost factors are offset by fragile global demand.

•Kosol Boonkong of the Rubber Authority of Thailand analyzed rubber price situations on September 3, 2026.
•Heavy rainfall has limited rubber tapping, reducing the volume of produce entering the market.
•High crude oil prices are supporting natural rubber prices by increasing the cost of synthetic rubber.
•Global rubber demand remains fragile, particularly in industrial sectors and key trading partner economies.

Overview

•Rubber market prices on September 3, 2026, are moving within a narrow range with a sideways trend.
•Heavy rain in rubber planting areas has limited tapping, leading to a decrease in the volume of rubber produced.
•High crude oil prices, driven by geopolitical tensions in the Middle East, are supporting natural rubber prices via synthetic rubber costs.
•Rubber sheet and raw rubber prices opened slightly lower on September 3, 2026, while fresh latex and cup lump prices remained stable.
•In the Surat Thani market on September 3, 2026, the winning bid price for RSS3 rubber was only 0.01 baht/kg higher than the runner-up.
•Global rubber demand remains fragile, as seen in China's August production index which shows purchasing power has not fully recovered.
•The Rubber Authority of Thailand is monitoring crude oil prices, geopolitical conflicts, trading partner economic data, and rubber stock levels.

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Key Entities

Person

Kosol Boonkong(โกศล บุญคง)

Deputy Governor for Administration of the Rubber Authority of Thailand.

Organization

Rubber Authority of Thailand(การยางแห่งประเทศไทย)

The organization assessing rubber price trends and monitoring market factors.

Than Settakij(ฐานเศรษฐกิจ)

The media outlet to which Kosol Boonkong disclosed rubber market information.

Place

Middle East(ตะวันออกกลาง)ℹ️

A region experiencing geopolitical tensions that affect global crude oil prices.

Surat Thani(สุราษฎร์ธานี)ℹ️

A market location where competitive bidding for rubber was observed on September 3, 2026.

China(จีน)ℹ️

A key trading partner whose August production index reflects purchasing power for rubber.