European rubber market sees continued slump in TSR 20 prices

Brussels, Belgium — The Rubber Trade Association of Europe (RTAE) has reported that prices for Technically Specified Rubber (TSR 20) remained subdued throughout May, averaging around 165 euro cents per kilogram CIF. Despite a brief mid-month uptick to 170 €/kg, the market quickly corrected, with prices falling back to 160 €/kg by the end of the month.

The persistent softness in TSR 20 pricing reflects a combination of global economic headwinds, sluggish demand from the automotive sector, and uncertainty surrounding international trade policies, particularly the looming threat of U.S. tariffs on Asian rubber exports.

“Market sentiment remains cautious,” said an RTAE spokesperson. “Buyers are hesitant to commit to large volumes amid fears of further price volatility and geopolitical disruptions.”

TSR 20, a key grade of natural rubber used in tire manufacturing and industrial applications, is heavily influenced by production trends in Southeast Asia and consumption patterns in Europe and North America. While seasonal supply constraints typically support prices during this period, weaker-than-expected demand has kept the market under pressure.

Industry analysts suggest that unless there is a significant rebound in global manufacturing or a resolution to trade tensions, TSR 20 prices may continue to hover at low levels into the summer months.