What it is
Natural rubber, made from the latex tapped from rubber trees. Most of it goes into tyres. Synthetic rubber, made from oil, competes with it in many uses.
How it is usually quoted
Yen per kilogram in Osaka; US cents per kilogram in Singapore; yuan per tonne in Shanghai.
This is the customary unit of the reference market. Other markets for the same commodity may use another unit or currency, and an exchange can change a contract’s terms: its own rulebook is the authority.
Where the reference contract trades
Osaka Exchange, Singapore Exchange (SGX) and the Shanghai Futures Exchange.
Named for orientation only. Naming an exchange or a market here does not mean that GIO4X gives access to it.
What commonly moves it
- Tyre and vehicle production
- Weather and leaf disease in South-East Asia
- The season in which the trees shed their leaves and yield less
- The price of synthetic rubber, which follows oil
- Export agreements among producing countries
These are the things people who follow this market usually watch. They explain how the market works; they do not say what the price will do next.
Where it comes from
Thailand, Indonesia and Vietnam produce the most, followed by Ivory Coast, China, India and Malaysia.
The order of producers changes from year to year, so no quantities or shares are given here.
At GIO4X
Rubber is not offered as a GIO4X instrument. This page is general education about a market that exists elsewhere, and nothing on it means that GIO4X quotes, trades or gives access to it.
The commodities GIO4X does list are Brent crude, gold, natural gas, palladium, platinum, silver and WTI crude.
Words worth knowing
A reference page. Educational information, not investment advice or a recommendation to trade. It gives no price and no forecast.