Natural rubber prices soar on Iran tensions, boosting Asian suppliers

Natural rubber is made from latex, a milky white substance collected from rubber trees. Sri Trang Agro-Industry's Chief Executive Officer Veerasith Sinchareonkul says the Thai rubber group sees steady demand from tire makers. (Nikkei montage/Source photos by Lauren DeCicca and Getty Images) Thailand's top group sees firm demand as customers build inventories BANGKOK — Natural rubber prices are hitting their highest levels in nine years as demand rises due to a shift away from oil-derived synthetic rubber during the U.S. war with Iran.

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