Thai standard rubber in European market continues to decline

Although it rebounded to 1.70 euros/kg in the middle of the month, the market quickly pulled back and the price fell back to 1.60 euros/kg at the end of the month.

The continued weakness in TSR 20 prices reflects the impact of multiple factors: global economic headwinds, weak demand from the automotive industry, and uncertainty in international trade policies, especially the looming threat of US tariffs on Asian rubber exports. "Market sentiment remains cautious. Buyers are hesitant to make large purchases due to concerns about further price volatility and geopolitical turmoil," said an RTAE spokesperson. As a key variety of natural rubber used in tire manufacturing and industrial sectors, TSR 20 prices are deeply influenced by production trends in Southeast Asia and consumption patterns in Europe and the United States. Although seasonal supply tightness during this period usually supports prices, weaker-than-expected demand still weighs on the market.

Industry analysts point out that unless global manufacturing picks up significantly or trade tensions are resolved, TSR 20 prices may continue to hover at low levels during the summer.