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Rubber price today April 8, 2025: Continue to decrease sharply

Việt NamViệt Nam08/04/2025


Domestic rubber price today

Domestically, the purchase price of rubber latex remains stable at many large enterprises. At Mang Yang Rubber Company, grade 1 liquid latex costs 433 VND/TSC/kg, grade 2 is 429 VND/TSC/kg. Grade 1 mixed latex is 436 VND/DRC/kg, grade 2 is 382 VND/DRC/kg.

Binh Long Rubber Company maintains the purchase price of latex at 386 - 396 VND/TSC/kg. Mixed latex with 60% DRC is currently at 14,000 VND/kg. In Phu Rieng, latex is purchased at 440 VND/TSC/kg, while mixed latex is 400 VND/DRC/kg.

Ba Ria Rubber Company divides the purchase price of latex according to the DRC level. Level 1 applies to TRC from 30 and above at 452 VND/kg, level 2 from 25 to under 30 is 447 VND/kg, and level 3 from 20 to under 25 is 442 VND/kg. For coagulated latex and cup latex, if the DRC level is over 50%, the price is 18,000 VND/kg. If the DRC level is 45-50%, the price is 16,700 VND/kg, and if the DRC level is 35-45%, it is about 13,500 VND/kg.

Rubber price today April 8, 2025: Continue to decrease sharply

World rubber price

In Japan, RSS3 rubber prices on the Tocom exchange continued to remain stable in futures contracts. Specifically, the April 2025 delivery price reached 341 yen/kg, May was 342.1 yen/kg, June was 341.7 yen/kg, July and August both remained at 344.1 yen/kg.

In Thailand, rubber futures for April delivery fell slightly from 81.17 baht/kg to 81.15 baht/kg. The decrease was insignificant, only 0.02 baht/kg.

In Shanghai, the price of natural rubber on the SHFE has a slight upward trend according to the term. The price in April was 16,640 yuan/kg, in May it was 16,680 yuan/kg, in June it was 16,740 yuan/kg, in July it was 16,795 yuan/kg, and in August it was 16,815 yuan/kg.

In Singapore, TSR20 rubber prices on the SGX fell sharply across all futures contracts. The May contract fell from 171.2 cents/kg to 163.1 cents/kg. The following futures such as June, July, August and September also recorded similar declines, currently trading around 163.6 to 164.4 cents/kg.

According to an update from the Association of Natural Rubber Producing Countries (ANRPC), global rubber production is expected to increase slightly by 0.4% in 2025, reaching nearly 14.92 million tons. Meanwhile, consumption demand is expected to increase more strongly, increasing by 1.7% to about 15.45 million tons.

The imbalance between supply and demand has continued for the fifth consecutive year. In Indonesia, rubber output could fall nearly 10% to about 2.04 million tonnes as farmers switch to oil palm. Malaysia is also forecast to fall 4.2% to 370,000 tonnes due to aging trees.

Vietnam is forecast to see a slight decline of 1.3% to around 1.28 million tonnes this year. China, on the other hand, could see a 6% increase in output to 933,000 tonnes. Thailand, the world’s largest rubber producer, is expected to see a 1.2% increase in 2025 after a slight decline in 2024. Thailand’s output this year is expected to approach the peak of 4.89 million tonnes reached in 2021.



Source: https://baoquangnam.vn/gia-cao-su-hom-nay-8-4-2025-tiep-tuc-giam-manh-3152290.html

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