Trend TSR 20 rubber prices between producing countries in Southeast Asia

Hilwa Salsabila G; Mirza Antoni; Dessy Adriani

doi:10.30574/wjarr.2024.23.1.2078

eISSN: 2581-9615 || CODEN: WJARAI || Impact Factor 8.2 || CrossRef DOI

Research and review articles are invited for publication in April 2026 (Volume 30, Issue 1) Submit manuscript

Trend TSR 20 rubber prices between producing countries in Southeast Asia

Hilwa Salsabila G ^{1, }, Mirza Antoni ² and Dessy Adriani ^{2, }

¹ Agribusiness Master Study Program, Faculty of Agriculture, Universitas Sriwijaya, Palembang, Indonesia.

² Department of Social Economics, Faculty of Agriculture, Universitas Sriwijaya, Palembang, Indonesia.

Research Article

World Journal of Advanced Research and Reviews, 2024, 23(01), 1466-1471

Article DOI: 10.30574/wjarr.2024.23.1.2078

DOI url: https://doi.org/10.30574/wjarr.2024.23.1.2078

Publication history

Received on 05 June 2024; revised on 15 July 2024; accepted on 17 July 2024

Abstract

Natural Rubber is one of the world's largest commodities used for industrial needs. The price of TSR 20 rubber continues to fluctuate, which has a significant impact on some farmers in various countries. This study analyzes the price trend of TSR 20 rubber in Southeast Asia. The purpose of this study is to analyze trends and fluctuations in STR 20 rubber prices in Southeast Asia, such as Standar Thailand Rubber (STR 20), Standar Indonesia Rubber (SIR 20), Standar Vietnam Rubber (SVR 20), and Standar Malaysia Rubber (SMR 20) for 72 months from January 2017 - December 2022. This research uses trend analysis with simple linear regression method. This research uses the historical method by conducting research on a source which is then critically analyzed. Data collection techniques are obtained by tracing data and documents that have been stored by agencies including the Ministry of Agriculture, Ministry of Trade, International Rubber Study Group (IRSG), Singapore Commodity Exchange (SICOM), Association of Natural Rubber Producing Countries (ANRPC), Food and Agriculture Organization (FAO), The World Bank, and Gapkindo as well as existing literature and sites. The results obtained are positive trends where each development between countries has experienced a positive price increase, such as, STR 20 has a polynomial line equation Y = 0.0331x2 – 95,28x + 68596, then SIR 20 Y = 0.0231x2 -66,443 + 47966, SVR 20 Y = 0,0301x2 – 86,824x+ 62648, and SMR 20 Y = 0,0279x2 – 80,411x + 58010.

Keywords

Rubber; Trend; Fluctuations; TSR 20; Price

Download Article PDF

https://wjarr.com/sites/default/files/fulltext_pdf/WJARR-2024-2078.pdf

Preview Article PDF

How to cite this article

Hilwa Salsabila G, Mirza Antoni and Dessy Adriani. Trend TSR 20 rubber prices between producing countries in Southeast Asia. World Journal of Advanced Research and Reviews, 2024, 23(1), 1466-1471. Article DOI: https://doi.org/10.30574/wjarr.2024.23.1.2078

Copyright © Author(s). All rights reserved. This article is published under the terms of the Creative Commons Attribution 4.0 International License (CC BY 4.0), which permits use, sharing, adaptation, distribution, and reproduction in any medium or format, as long as appropriate credit is given to the original author(s) and source, a link to the license is provided, and any changes made are indicated.

All statements, opinions, and data contained in this publication are solely those of the individual author(s) and contributor(s). The journal, editors, reviewers, and publisher disclaim any responsibility or liability for the content, including accuracy, completeness, or any consequences arising from its use.

Developed & Designed by VS Infosolution

Trend TSR 20 rubber prices between producing countries in Southeast Asia

Hilwa Salsabila G ^{1, }, Mirza Antoni ² and Dessy Adriani ^{2, }

Preview Article PDF

Get Certificates

Issue details

Trend TSR 20 rubber prices between producing countries in Southeast Asia

Hilwa Salsabila G 1, *, Mirza Antoni 2 and Dessy Adriani 2, *

Preview Article PDF

Get Certificates

Issue details

Hilwa Salsabila G ^{1, }, Mirza Antoni ² and Dessy Adriani ^{2, }