Asian rubber prices rise
On July 8, 2025, the rubber market recorded a positive signal when rubber prices on key exchanges in Asia increased simultaneously. Specifically, on the Osaka Commodity Exchange (OSE) in Japan, the rubber futures price for July delivery increased by 0.4%, equivalent to 1.1 Yen, to 313 Yen/kg. In China, the price on the Shanghai Futures Exchange (SHFE) increased by 0.3%, reaching 14,020 Yuan/ton. Meanwhile, in Thailand, the price for August delivery edged up by 0.6%, to 73.56 Baht/kg. This increase was driven by the prospect of recovery in the tire processing and manufacturing industry - one of the largest rubber consuming industries in the world .
According to the Association of Natural Rubber Producing Countries (ANRPC), global rubber production in 2025 is forecast to reach about 14,892 million tons, a slight increase of 0.5% compared to the same period last year. This figure, although lower than the previous forecast in March (14,897 million tons), still shows stability in supply. In May, global production was estimated at 1.04 million tons, up 1.27% compared to the same period last year. On the demand side, ANRPC believes that global natural rubber consumption will increase by 1.3% this year, to 15,565 million tons, thanks to the recovery of the industry and consumer demand in major economies .
In the domestic market, rubber prices remain stable.
Mang Yang Rubber Company purchases grade 1 latex at 401 VND/TSC/kg and grade 2 at 397 VND/TSC/kg. Grade 1 mixed latex remains at 409 VND/DRC/kg, grade 2 at 359 VND/DRC/kg. Phu Rieng Company maintains its purchase price of latex at 420 VND/TSC and mixed latex at 385 VND/DRC. In Binh Long, the price of latex fluctuates from 386 - 396 VND/TSC/kg, while mixed latex with 60% DRC is 14,000 VND/kg. Meanwhile, Ba Ria Rubber Company lists the price of latex at 405 VND/TSC/kg for the type from 25 to under 30 degrees TSC; DRC 35 - 44% coagulated latex is purchased at 13,500 VND/kg. Raw latex prices also remain unchanged, fluctuating between 17,200 - 18,500 VND/kg.
Although the domestic market has not recorded a clear price adjustment, the upward momentum from international exchanges and the positive outlook on global supply and demand are creating a foundation for expectations for a stronger recovery of the Vietnamese rubber industry in the coming time.
Source: https://baodanang.vn/gia-cao-su-ngay-8-7-thi-truong-quoc-te-khoi-sac-trong-nuoc-tiep-tuc-on-dinh-3265221.html
Comment (0)