After hitting their lowest points in June and July, Indonesian rubber exports recaptured their winning ways in August and September this year, driven by improvements in global demand, including from China, amid easing tariff barriers and other geopolitical factors. Indonesia approached its wintering season in August, even as some stability was observed in its rubber market during the month.
Highlights
• Indonesian rubber exports worth over US$250 million in Sept
• Asia drives demand as US tariffs mellow to pave the way
• Prices firm but volatility persists with weather risks and soft demand