Mumbai market records high Natural Latex prices (Business Opportunities - Advertising Service)
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Mumbai market records high Natural Latex prices | |
The Mumbai rubber market has witnessed a noticeable surge in natural latex H.M.L grade prices, reflecting renewed buying interest and tightening supply conditions On May 17, 2025, prices stood at Rs.113 per kilogram, but by May 19, 2025, they had climbed to Rs.116 per kilogram — registering a Rs.3/kg jump within just 48 hours. Traders report that the spike in prices is largely driven by increased demand from downstream industries, particularly manufacturers of tyres, footwear, and industrial rubber goods. With many factories ramping up production ahead of the monsoon season, procurement activity has intensified, putting upward pressure on raw material prices. Market insiders also attribute this price movement to a temporary supply imbalance. Some producing regions are currently witnessing logistical disruptions due to pre-monsoon rains, which has slowed down the transportation of raw latex to major markets like Mumbai. Additionally, global factors such as fluctuating crude oil prices — which indirectly affect synthetic rubber pricing — have made natural rubber a relatively more attractive option for some manufacturers. This shift in preference is further supporting the price rally in the domestic market. Industry analysts believe that if the current demand trend persists and supply remains constrained, the prices could see further escalation in the coming weeks. However, any major rainfall or improvement in logistics could stabilize the market temporarily. Key Natural Latex Producers: HLL Lifecare Ltd. (Kerala) – One of India’s leading public sector latex producers, known for supplying medical-grade natural rubber latex. RubberMark (Kerala State Co-operative Rubber Marketing Federation) – Involved in trading and processing of natural latex and rubber across southern India. Kavanar Latex Ltd. – Based in Kerala, manufactures concentrated natural latex and supplies to industrial users across India. Sri Mahalakshmi Latex Company – Supplier of centrifuged latex and natural rubber in Tamil Nadu and nearby regions. International: Sri Trang Agro-Industry (Thailand) – One of the world’s largest natural rubber and latex producers, exporting globally including to India. Von Bundit Co. Ltd. (Thailand) – Major exporter of centrifuged latex and other rubber products. Top Glove Corporation (Malaysia) – Although known for gloves, they also produce latex in large volumes. Halcyon Agri Corporation (Singapore-based with operations in Africa and Asia) – One of the leading global suppliers of natural rubber and latex. Vietnam Rubber Group (Vietnam) – A state-run group and significant exporter of latex to India and other countries, Natural Latex Prices in India, Indian Natural Latex Prices, Indian Prices Natural Latex, Indianpetrochem. | |
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| Target State: All States Target City : All Cities Last Update : May 19, 2025 12:58 PM Number of Views: 27 | Item Owner : rubberfiber Contact Email: Contact Phone: (None) |
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2025-06-09 (0.568 sec)