Rubber futures prices today (July 8) in major markets increased simultaneously thanks to expectations of a recovery in the downstream production chain. Domestically, rubber prices continued to move sideways at major companies, ranging from VND385 - 420/TSC depending on the type.
World rubber price
At the end of today's trading session, the price of rubber futures for July on the OSE - Japan increased by 0.4% (1.1 Yen) to 313 Yen/kg.
In China, the July rubber futures price on the Shanghai Futures Exchange (SHFE) increased by 0.3% (35 yuan) to 14,020 yuan/ton.
In Thailand, rubber futures for August delivery rose 0.6% (0.45 baht) to 73.56 baht/kg.
The Association of Natural Rubber Producing Countries (ANRPC) forecasts that global natural rubber (NR) production in 2025 will increase slightly by 0.5% year-on-year to around 14,892 million tonnes. This figure is slightly lower than the previous estimate of 14,897 million tonnes made in March.
According to ANRPC, this adjustment reflects the impact of many factors within and outside the industry, including weather conditions, limited investment in new rubber plantations and sudden changes in market expectations.
In its May industry report, ANRPC estimates global rubber output in the month at 1.04 million tonnes, up 1.27% year-on-year.
However, Thailand, the top rubber producer, is forecast to see May output fall 4% to around 272,200 tonnes, as adverse weather in April improved tapping. In contrast, Vietnam, Cambodia and China are forecast to see monthly output growth, thanks to more favorable conditions for tapping.
In terms of consumption demand, ANRPC expects global demand to increase by 1.3% in 2025, reaching around 15,565 million tonnes. However, this increase is still affected by the risk of a global economic recession, due to the impact of tariffs from the US and increased import costs.
Notably, China – the world's largest rubber consumer – recorded consumption in May at 619,700 tonnes, up 7.12% from April. ANRPC said this was mainly due to a strong recovery in tire production, driven by a surge in electric vehicle output and sales in May.
“As tire manufacturers ramp up capacity, demand for high-quality rubber is also increasing, reflecting a positive trend in the industry,” ANRPC said.
In Thailand, consumption in April was 111,000 tonnes, but is expected to decline to 95,500 tonnes in May. In contrast, Malaysia has seen an increase in consumption, from 19,400 tonnes in April to 20,600 tonnes in May.
The ANRPC said that raw natural rubber prices are currently stable at high levels, supported by a recovery in the downstream production chain. However, the association also warns that high domestic inventories are weighing on the market and could slow down the price recovery in the near term.
Domestic rubber price
In the domestic market, rubber purchasing prices at large enterprises have remained stable. specifically, Mang Yang Rubber Company purchases latex at a price ranging from 397 to 401 VND/TSC, depending on the type. active, grade 1 latex is at 401 VND/TSC/kg; grade 2 latex is at 397 VND/TSC/kg.
Grade 1 mixed latex is at 409 VND/DRC/kg; grade 2 mixed latex is at 359 VND/DRC/kg.
Similarly, the rubber price at Phu Rieng Company is currently at 385 VND/DRC, the latex purchase price fluctuates at 420 VND/TSC.
formation, Binh Long Rubber Company's current purchase price of latex is 386-396 VND/TSC/kg; mixed latex with 60% DRC is priced at 14,000 VND/kg.
Ba Ria Rubber Company, the purchase price of liquid latex is 405 VND/TSC degree/kg (applied to TSC degree from 25 to under 30); DRC coagulated latex (35 - 44%) is 13,500 VND/kg; raw latex remains unchanged from 17,200 - 18,500 VND/kg.
Source: https://baolamdong.vn/gia-cao-su-hom-nay-8-7-tang-tren-cac-san- Giao-dich-chu-chot-381548.html
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