Thai Rubber Prices Explode: Is a Global Supply Crunch Coming?

Thailand's natural rubber market is surging as raw material prices rose across the board this April 7th. Key materials like cigarette chips and glue jumped to 83.00 baht/kg, while cup glue hit 64.40 baht/kg. This spike signals a tightening supply that is driving up physical costs and fueling "bullish" (upward) momentum in the futures market. For investors, the May (2605) and September (2609) contracts are climbing, with May prices already hitting 16,770 RMB/ton.