As of January 2025, the average monthly global price of rubber was 2.37 U.S. dollars per kilogram. The average annual price of natural rubber at the Singapore Commodity Exchange in 2024 was 2.28 U.S. dollars per kilogram.
Rubber as a commodity: many end uses
Rubber is a widely used material, in both naturally and synthetically sourced forms. Companies use it in the manufacturing of tires and tubes, rubber gloves, latex condoms, erasers, in adhesives and coatings, nozzles, as elastic material in clothing, and more. Accordingly, rubber is an important commodity due to its numerous uses in everyday items.
Rubber prices and rubber producers
As with other internationally traded commodities that have relatively low market prices, low rubber prices have a negative impact on the rubber producers themselves. The resulting issues of poverty for natural rubber producers has led to the creation of the Fair Rubber Association (FRA), which is a multi-stakeholder association that aims to improve the lives and working conditions of the primary producers by utilizing Fair Trade principles.
Monthly rubber price at the Singapore Commodity Exchange from January 2020 to January 2025
(in U.S. dollars per kilogram)
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Monthly rubber price at the Singapore Commodity Exchange from January 2020 to January 2025
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World Bank. (February 3, 2025). Monthly rubber price at the Singapore Commodity Exchange from January 2020 to January 2025 (in U.S. dollars per kilogram) [Graph]. In Statista. Retrieved April 01, 2025, from https://www.statista.com/statistics/727582/price-of-rubber-per-pound/
World Bank. "Monthly rubber price at the Singapore Commodity Exchange from January 2020 to January 2025 (in U.S. dollars per kilogram)." Chart. February 3, 2025. Statista. Accessed April 01, 2025. https://www.statista.com/statistics/727582/price-of-rubber-per-pound/
World Bank. (2025). Monthly rubber price at the Singapore Commodity Exchange from January 2020 to January 2025 (in U.S. dollars per kilogram). Statista. Statista Inc.. Accessed: April 01, 2025. https://www.statista.com/statistics/727582/price-of-rubber-per-pound/
World Bank. "Monthly Rubber Price at The Singapore Commodity Exchange from January 2020 to January 2025 (in U.S. Dollars per Kilogram)." Statista, Statista Inc., 3 Feb 2025, https://www.statista.com/statistics/727582/price-of-rubber-per-pound/
World Bank, Monthly rubber price at the Singapore Commodity Exchange from January 2020 to January 2025 (in U.S. dollars per kilogram) Statista, https://www.statista.com/statistics/727582/price-of-rubber-per-pound/ (last visited April 01, 2025)
Monthly rubber price at the Singapore Commodity Exchange from January 2020 to January 2025 (in U.S. dollars per kilogram) [Graph], World Bank, February 3, 2025. [Online]. Available: https://www.statista.com/statistics/727582/price-of-rubber-per-pound/
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