Rubber prices on December 17th: TOCOM and SHFE decline, Singapore market bucks the trend.

The global rubber market showed mixed performance on December 17th, with Japanese and Chinese exchanges falling due to profit-taking pressure, while Singapore saw a slight increase. Domestic rubber prices remained stable.

Contrasting developments in the global market.

Rubber prices on international markets showed a clear divergence during the trading session on December 17th. While profit-taking pressure and concerns about demand caused prices to fall in Japan and China, the Singapore market maintained a slight upward trend.

TOCOM (Japan) stock exchange experiences sharp decline.

On the Tokyo Commodity Exchange (TOCOM), RSS3 rubber prices fell across all maturities. Specifically, the December 2025 contract dropped to 320.60 JPY/kg. Contracts from January to April 2026 recorded declines ranging from 0.34% to nearly 1.5%, fluctuating between 322 and 325 JPY/kg. The main reason is believed to be profit-taking pressure from investors after the previous rally and the stability of the JPY, leading to more cautious buying.

The SHFE (China) stock exchange is under pressure.

Similarly, natural rubber prices on the Shanghai Futures Exchange (SHFE) also adjusted downwards. Contracts for delivery from January to June 2026 fell by 0.16% to 0.92%, trading in the range of 15,150 – 15,195 CNY/tonne. The Chinese market is being affected by concerns about rising inventories and sluggish demand, although expectations of economic stimulus measures continue to support market sentiment in the medium term.

Rubber prices on the TOCOM and SHFE exchanges adjusted downwards during the trading session on December 17th.

SGX (Singapore) is a bright spot.

Contrary to the general trend, the SGX (Singapore) exchange continued to record positive developments. TSR20 rubber prices maintained a stable to slightly upward trend. The January 2026 contract remained unchanged at 174.60 cents/kg, while longer-term contracts increased slightly from 0.12% to 0.17%, fluctuating around 173-174 cents/kg. This development was supported by expectations of export demand and technical factors.

The domestic rubber market is stable.

In the domestic market, rubber latex purchasing prices at major companies remained largely unchanged compared to previous sessions, reflecting a balance between domestic supply and demand.

Unit	Product	Purchase price
Phu Rieng Rubber Company	Latex Mixed latex	420 VND/TSC/kg 390 VND/DRC/kg
Mang Yang Rubber Company	Grade 1 latex Latex type 2 Mixed latex, grade 1 Mixed latex, grade 2	408 VND/TSC/kg 403 VND/TSC/kg 419 VND/DRC/kg 368 VND/DRC/kg
Ba Ria Rubber Company	Latex (at Xa Bang factory) Mixed/cup/coagulated latex (DRC ≥ 50%)	410 – 420 VND/degree TSC/kg 18,500 VND/kg
Binh Long Rubber Company	Latex (at the factory) Latex (at the team) Mixed latex (DRC 60%)	440 VND/TSC/kg 430 VND/TSC/kg 14,000 VND/kg

Overall, the global rubber market is undergoing a short-term correction. While pressure from inventories and demand remains, positive signals from Singapore and the macroeconomic outlook could support a price recovery in the near future.

Source: https://baodanang.vn/gia-cao-su-1712-tocom-shfe-giam-thi-truong-singapore-nguoc-dong-3315232.html