World rubber price developments
Asian rubber markets recorded mixed developments in the trading session on December 10. While prices in Japan and Singapore recovered slightly, the Chinese and Thai markets continued to face downward pressure. This trend reflects the differentiation in demand and macroeconomic factors affecting each region.
Japanese and Singapore markets recover
At the Osaka Stock Exchange (OSE) in Japan, rubber futures prices showed a slight upward trend. The May 2026 contract rose 2 yen to 327.4 yen/kg. Similarly, the January contract also edged up to 323 yen/kg. This upward momentum was supported by stable oil prices and expectations of automotive stimulus packages from the European Union.
In Singapore, the SGX exchange also maintained a slight increase. The TSR20 contract for January 2026 delivery ended the session at 170 cents/kg, up 0.18%. Stable demand from some Asian markets and India is said to be the main factor supporting prices.
Price pressure in China and Thailand
Contrary to the above trend, rubber prices on the Shanghai Futures Exchange (SHFE) continued to decline slightly. The January 2026 contract fell to 15,060 CNY/ton, while the March and May 2026 contracts both decreased between 0.3% and 0.45%. The main reason was that rubber inventories in China remained high and raw material demand for the tire industry showed no signs of improvement.
In the Thai market, rubber futures prices for December delivery fell 2% to 55.5 baht/kg, mainly due to pressure from excess supply in the region.
Domestic rubber prices remain stable.
On December 10, the domestic raw rubber market did not record many major fluctuations, with most businesses maintaining their purchasing prices. Some small adjustments only appeared locally.
| Businesses | Type of latex | Purchase price |
|---|---|---|
| MangYang Company | Grade 1 latex | 408 VND/TSC |
| Latex type 2 | 403 VND/TSC | |
| Mixed latex | 368 - 419 VND/DRC | |
| Phu Rieng Company | Latex | 420 VND/TSC |
| Mixed latex | 390 VND/DRC | |
| Binh Long Rubber Company | Latex (at the factory) | 442 VND/TSC/kg |
| Latex (at the team) | 432 VND/TSC/kg | |
| Mixed latex (DRC 60%) | 14,000 VND/kg | |
| Ba Ria Rubber Company | Latex | 410 - 420 VND/TSC |
| Cup latex (DRC ≥ 50%) | 18,500 VND/kg |
Source: https://baolamdong.vn/gia-cao-su-hom-nay-1012-tang-nhe-tai-nhat-trong-nuoc-on-dinh-409290.html
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