Mumbai records high Natural latex price (Business Opportunities - Advertising Service)
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Item ID 3172325 in Category: Business Opportunities - Advertising Service
Mumbai records high Natural latex price | |
Mumbai, May 21, 2025 — The natural latex market in Mumbai witnessed a modest price increase today, with the H.M.L (High Modulus Latex) grade rising by Rs.2 per kilogram. On May 20, the price was Rs.116/kg, which inched up to Rs.118/kg on May 21. This steady but cautious rise has attracted attention from manufacturers and traders in industries such as foam production, mattress manufacturing, and medical supplies, all of which heavily depend on H.M.L latex. This price movement is driven by a combination of persistent demand and tightening supply conditions both domestically and internationally. Key production hubs in Southeast Asia, particularly Thailand and Malaysia, have faced recent production slowdowns due to adverse weather and labor shortages, impacting the availability of high-quality latex. Additionally, logistical challenges including port delays and container shortages are adding pressure on the supply chain. Currency fluctuations, including a weakening rupee against the dollar, have also increased import costs, pushing prices higher in Mumbai’s local market. A Mumbai-based latex trader remarked that while the ₹2 rise may seem modest, it reflects an ongoing supply-demand imbalance that could drive further increases if global supply issues persist. The steady demand from healthcare, furniture, and automotive sectors is expected to sustain price pressure, especially as industries prepare for higher production ahead of the monsoon season. International Producers of H.M.L Latex Among the key international producers, Sri Trang Agro-Industry and Von Bundit Co. Ltd. in Thailand lead in high-quality H.M.L latex production. Malaysia is home to major producers like Top Glove Corporation, Supermax, Hartalega, and Kossan Rubber, all of which supply large volumes of medical and industrial-grade latex globally. Indonesia and Vietnam also contribute to the global latex supply but to a lesser extent for H.M.L grade. Indian Importers and Processors of H.M.L Latex India largely depends on imports for H.M.L latex, with several key players facilitating its supply and processing. Companies such as Indo Latex Pvt. Ltd. in Mumbai and Delhi NCR are prominent importers catering to foam and mattress manufacturers. Malabar Latex in Kerala is a leading processor serving southern India, while Supreme Latex India in Tamil Nadu supplies processed latex to various industrial sectors. Additionally, Mumbai’s wholesale traders play a crucial role in distributing H.M.L latex across western India, ensuring the material reaches a broad spectrum of manufacturers. #NaturalLatexpriceinIndia #IndianNaturalLatexprices #IndianpricesNaturalLatex #Indianpetrochem | |
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| Target State: All States Target City : Mumbai Last Update : 21 May 2025 6:48 PM Number of Views: 49 | Item Owner : rubberfiber Contact Email: Contact Phone: (None) |
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2025-07-31 (0.491 sec)