Compound Rubber (STR20 Grade) Price Increases in Mumbai (Business Opportunities - Advertising Service)
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Item ID 9735467 in Category: Business Opportunities - Advertising Service
Compound Rubber (STR20 Grade) Price Increases in Mumbai | |
Mumbai, June 13, 2025 The price of Compound Rubber (Grade STR20) in Mumbai's wholesale market witnessed a notable increase of Rs.4 per kilogram. On June 12, the commodity was trading at Rs.170/kg, which rose to Rs.174/kg by June 13. The sudden hike has stirred activity among traders, tyre manufacturers, and industrial rubber goods producers. Rising Demand from Tyre & Automotive Sector Behind Price Push Industry analysts suggest that the price jump is primarily driven by increased demand from the automotive and tyre manufacturing sectors, both of which rely heavily on STR20-grade rubber. With the monsoon season underway, production planning and bulk procurement by major players have further pushed demand. Additionally, tight import schedules from Thailand and Malaysia — the primary sources of STR20 rubber — have contributed to reduced availability in Indian ports, tightening supply in the domestic market. Experts believe prices may remain volatile over the next few weeks. Global shipping delays, regional demand fluctuations, and currency movements could all impact pricing. Importers and buyers are closely monitoring the situation for signs of further escalation. Producers & Exporters of STR20 Rubber Thailand: Sri Trang Agro-Industry – One of the world’s largest natural rubber producers, a major STR20 exporter. Thai Rubber Latex Group – Supplies STR20 for industrial use across Asia and Europe., Malaysia: Top Glove Corporation – Though primarily in latex gloves, also supplies STR20 grade rubber. HARTA Group – Involved in exporting block rubber and latex variants. India (Importers & Processors): GRP Ltd. (Gujarat) – Processes imported rubber and blends with local grades. Indag Rubber Ltd. – Uses STR20 in retreading and compound rubber applications. JK Tyre & Industries – One of India’s top tyre manufacturers using STR20 in production, Compound Rubber Prices in India, Indian Compound Rubber Prices, Indian Prices Compound Rubber, Indianpetrochem. #CompoundRubberPricesinIndia #IndianCompoundRubberPrices #IndianPricesCompoundRubber #Indianpetrochem | |
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| Target Nation: All Nations Target City : delhi Last Update : 13 June 2025 12:19 PM Number of Views: 15 | Item Owner : rubberfiber Contact Email: Contact Phone: (None) |
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2025-06-16 (0.222 sec)