World rubber prices today (August 5) are forecast to continue trading in a narrow range with a downward trend. Domestically, there has been a slight increase at some large enterprises such as Phu Rieng, while most units keep prices stable.
World rubber price today
At the end of this morning's trading session, the price of August rubber futures on the Shanghai Futures Exchange (SHFE) - China decreased by 0.7% (105 yuan) to 14,300 yuan/ton.
In Thailand, rubber futures for August delivery remained flat at 72.27 baht/kg.
Meanwhile, the Japanese market (OSE) decreased by 0.7% (2.2 Yen) to 314 Yen/kg.
According to Malaysian news agency Bernama, the rubber market is forecast to continue trading in a narrow range with a downward trend next week, due to factors such as tariffs from the US and unfavorable weather conditions.
Industry expert Denis Low said uncertainty over US tariffs is affecting rubber prices, prompting businesses and traders to temporarily adopt a wait-and-see strategy.
“Rubber demand has decreased, as shown by the price drop last week,” he said, adding that the current situation has forced businesses to closely monitor developments from the US administration under President Donald Trump.
Malaysia is also said to be lobbying to be exempted from the 19% tariff on some exports to the US, including cocoa, rubber and palm oil.
On the climate front, the Thai Meteorological Department forecasts that the rainy season may weaken, but heavy rains will continue in many areas, which could disrupt rubber production by affecting supply.
Forecasts from the Association of Natural Rubber Producing Countries (ANRPC) show that global rubber production will increase by 0.5% in 2025, while demand is expected to increase by 1.3%. Some comments say that combined with the good growth of the US GDP in the second quarter and the Malaysian tax rate remaining at 19%, the rubber market could recover slightly in the coming time.
However, the Malaysian Rubber Glove Manufacturers Association also noted that the slowdown in manufacturing in China and weak demand in the region could continue to put pressure on rubber prices.
The reference price of SMR 20 rubber fell 12.5 sen to 715 sen/kg this week, while liquid latex rubber fell three sen to 567 sen/kg, according to the Malaysian Rubber Board.
In a related development, CIMB Securities Sdn Bhd said that the US's adjustment of tariffs on glove-producing countries could prompt Chinese companies to shift production to the ASEAN region - especially Indonesia.
For example, Chinese glove maker INTCO Medical is expected to launch its first glove factory in Indonesia later this year, with a capacity of 5 billion pieces per year and plans to expand further.
CIMB believes that this shift could increase competitive pressure in the region, especially in the US market, which is very price-sensitive.
CIMB also pointed out that Malaysia's current 19% tax rate, although lower than Vietnam (20%) and China (30%), only creates a very small competitive advantage in the US market.
“We expect a slight shift in orders from the US to other countries. However, higher tariffs will also increase costs for US buyers, which may prompt them to limit imports or keep inventory levels lower,” CIMB concluded.
Domestic rubber price today
Domestically, Phu Rieng Company offers to purchase mixed latex at 390 VND/DRC, and latex at 420 VND/TSC, an increase of 5 VND/TSC/DRC compared to the previous period.
Meanwhile, other businesses stabilized rubber prices. Specifically, at Binh Long Company, the rubber purchase price at the Factory was 409 VND/TSC/kg, the purchase price at the production team was 399 VND/TSC/kg, and the price of mixed latex (DRC 60%) was 14,000 VND/kg.
Similarly, MangYang Company quoted the purchase price of latex at about 392 - 396 VND/TSC (type 2 - type 1), mixed latex at about 352 - 401 VND/DRC (type 2 - type 1).
Ba Ria Rubber Company also reported a stable purchase price of liquid latex at 385 VND/TSC degree/kg (applied to TSC degrees from 25 to under 30); DRC coagulated latex (35 - 44%) at 12,300 VND/kg, raw latex recorded at 15,300 - 16,500 VND/kg./.
Source: https://baolamdong.vn/gia-cao-hom-nay-5-8-cao-su-the-gioi-giam-trong-nuoc-tang-nhe-386403.html
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