Rubber futures climb near 2013 peak on supply risks
Rubber futures rise further to around 236 US cents per kilogram, the highest level since 2013, as supply concerns build from Thailand tapping disruptions and El Niño risk later this year.
Rubber futures rose further to around 236 US cents per kilogram, reaching levels not seen since 2013, amid growing supply concerns.
Heavy rain and typhoons disrupted rubber tapping in Thailand, the world’s largest natural-rubber producer, while El Niño poses an additional risk to output later this year.