Global rubber prices reach highest level since Jan 2017: Report

Global rubber prices have reached their highest level since January 2017 after futures rose by 2.5%, CNBC-TV18 reported. The hike is caused by supply disruptions, strong demand from tyre manufacturers and rising crude oil prices, the report added. Natural rubber prices in India rose from around ₹160 per kg in January to ₹262 per kg in June, the report added.