Rubber

Rubber Meaning:
In commodity market terminology, Rubber refers to an elastic hydrocarbon polymer derived from the latex of the Para Rubber Tree, Hevea brasiliensis. Rubber is also produced synthetically and is used in thousands of products and applications.

Rubber Example:
Rubber futures trade on several world commodities exchanges with differing contract specifications. The main exchanges are the Tokyo Commodities Exchange TOCOM, the Multi-Commodity Exchange MCX in India, the Singapore Commodity Exchange and the Osaka Mercantile Exchange.