• After a moderate post-pandemic revival, the price of natural rubber (NR) in the Indian market has hit a 16-month low of ₹150 per kg (RSS Grade 4). A one-day sit-in demonstration was held in front of the Rubber Board headquarters in Kerala’s Kottayam last week, under the aegis of the National Association of Regional Associations of Rubber Producer Societies India.

  • The current fall in prices is mainly attributable to weak Chinese demand and the European energy crisis, as well as high inflation and an overabundance of imports, among other things.

  • The Rubber Board claims to be relatively optimistic as it considers price volatility to be cyclical and places its hopes on estimates of significant rubber shortage seven years from now.