Filed under: Pricing Trends, Regulatory Compliance — Lindsay Nemastil @ 3:08 pm

Months after first beginning their climb, natural rubber latex prices continue to hover near record levels set earlier this month closing at 742 sen/kg Thursday (Source:  Malaysian Rubber Board).  Despite improved production, supplies have been slow to reach the market in recent weeks as dealers hold stock in anticipation of higher prices.

Driving the higher prices:

- Weakened supplies due to lower winter season production
- Stronger than anticipated global economic recovery
- Increased demand from the Chinese automotive industry
- Rising crude oil prices