Rubber price October 31: World market mixed, domestic price decreased

World rubber prices fluctuated inconsistently on major exchanges. Meanwhile, the domestic market recorded a downward trend due to concerns about demand from the global automobile industry.

Rubber price updates on October 31 showed mixed movements in international markets, while purchasing prices in Vietnam tended to decrease. Investors are closely watching signals from the auto industry, especially the shortage of semiconductor chips and slowing demand for electric vehicles.

Rubber prices are affected by macro factors and demand from the automotive industry.

World rubber price developments

At the end of the trading session on October 30, rubber futures prices at major exchanges recorded different changes:

• In Thailand: November rubber futures fell 0.4%, or 0.29 baht, to 67.25 baht/kg.
• In Japan (OSE): Rubber futures for November delivery rose 1%, or 3 yen, to 310.5 yen/kg. However, the contract for delivery in April 2026 fell 0.48% (1.5 yen) to 313.4 yen/kg (about 2.08 USD).
• In China (SHFE): The January 2026 contract fell 0.29% (45 yuan) to 15,400 yuan/ton (about 2,162.01 USD). In contrast, the December butadiene rubber contract rose 1.46% (155 yuan) to 10,800 yuan/ton.

Factors affecting the market

Weak auto industry demand

Market sentiment has been negatively affected by problems in the global auto industry. A worsening semiconductor shortage, with warnings from major automakers such as Nissan Motor and Mercedes-Benz, has disrupted production.

In addition, demand for electric vehicles is showing signs of slowing. General Motors (GM) in the US has announced plans to cut production of electric vehicles and batteries. Analysts say that car sales, a factor that directly affects tire demand, may decline in the coming months.

Other macro factors

In currency markets, the Japanese yen fell 0.1 percent against the dollar, trading at 152.83 yen per dollar. A weaker yen typically makes yen-denominated assets more attractive to foreign investors.

A slight drop in crude oil prices also weighed on the market. Natural rubber tends to move in line with oil prices, as it competes with synthetic rubber, which is produced from petroleum.

Domestic rubber prices adjusted down

In the domestic market, rubber latex purchasing prices recorded downward adjustments at some companies:

• Ba Ria Rubber Company: The purchase price of liquid latex decreased by 10 VND, down to 405 VND/degree TSC/kg. DRC latex decreased by 1,500 VND, down to 13,500 VND/kg and raw latex decreased by 2,000 VND, down to 18,000 VND/kg.
• MangYang Company: The price of latex decreased by 4 VND compared to the previous period, ranging from 394 - 399 VND/TSC. Mixed latex decreased by 7 VND, at 359 - 409 VND/DRC.
• Phu Rieng Company: Purchase price remains stable with mixed latex at 390 VND/DRC and latex at 420 VND/TSC.
• Binh Long Company: Purchase price is stable at 422 VND/TSC/kg at the factory and 412 VND/TSC/kg at the production team.

Source: https://baolamdong.vn/gia-cao-su-3110-thi-truong-the-gioi-trai-chieu-trong-nuoc-giam-399190.html