Cautious cash flow, the market temporarily "keeps the rhythm"

According to the Vietnam Commodity Exchange, the MXV-Index decreased slightly by 0.1% to 2,281 points, reflecting a period of calm before the market establishes a new trend.

Industrial raw materials market is in red. Source: MXV

At the end of the trading session, the industrial raw material market was deep in red. In particular, rubber prices continued to be under pressure from the prospect of abundant supply while consumption demand showed signs of slowing down.

Specifically, TSR20 rubber price recorded a decrease of more than 0.5% to 1,704 USD/ton, RSS3 rubber price continued to remain low, around 1,983 USD/ton.

According to the latest report of the Association of Natural Rubber Producing Countries (ANRPC), global natural rubber production in 2025 is expected to reach about 14.892 million tons, up 0.5% compared to 2024.

Among the key manufacturing countries, Thailand is forecast to grow by 1.2%, China by 6%, India by 5.6%... On the contrary, Indonesia will decrease sharply by 9.8%, Vietnam by 1.3% and Malaysia by 4.2%.

Meanwhile, rubber prices are still under pressure from the Chinese auto market, where fierce competition has caused sales and prices to fall, making rubber demand more unstable.

In the domestic market, the purchase price of latex on October 7 decreased by 5-10 VND/degree compared to the previous session, fluctuating at 405-415 VND/degree. The amount of latex purchased by factories tended to decrease. The price of cup latex decreased by 500-1,000 VND/kg, reaching 19,000-20,500 VND/kg.

Prices of two crude oil products increased and decreased in opposite directions. Source: MXV

In the energy market, Brent oil price fell to 65.45 USD/barrel, down 0.03%; WTI oil price edged up to 61.73 USD/barrel, up 0.06%.

Analysts at ING bank said that OPEC+'s production increase of 137,000 barrels per day was lower than market expectations, showing the alliance's caution in the face of a forecast of global oversupply in the fourth quarter of 2025 and 2026.

The US Energy Information Administration (EIA)'s recent Short-Term Energy Outlook report said that US crude oil production this year is expected to reach 13.53 million barrels per day, up 0.6% from the previous forecast. This contributes to the increase in global oil production, thereby creating pressure on oil prices.

Source: https://hanoimoi.vn/dong-tien-than-trong-thi-truong-tam-giu-nhip-718796.html