Rubber

Overview

  • Rubber is an elastic polymeric substance made from the latex of Hevea Brasiliensis trees. The latex is collected by the process of tapping the plant and is refined and converted into storable and commercial form. The plantation would start yielding from 6th year onwards, with an economic life of 32 years.
  • Rubber caters to a spectrum of diverse industries like automobile, aeronautics, electrical and electronics, materials handling, health care, power transmission and has a host of other applications.
  • Worldwide consumption for natural rubber has increased steadily in the recent decade and the Asian story continues to drive demand for the raw material. Thailand, Indonesia, India, China, Malaysia, Vietnam are the major producers of rubber. The global production has been hovering around 12 million tons. Global natural rubber consumption is 12.6 million tons in 2015, of which 5 million tons was consumed in India and China alone.
  • Around 50-60 % of the global rubber production is used by the Tyre manufacturing sector. In this sector, natural or synthetic rubber cannot be used individually and has to be blended..

Factors Influencing the Market

  • Global & Domestic production
  • Global & Domestic consumption
  • Weather conditions
  • Carry over stock position
  • Currency movement
  • Crude Oil Prices

* Disclaimer: The users are also advised to refer to latest circular issued by the Exchange.

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