Rubber futures prices are maintaining an upward trend as extreme weather in Thailand could affect rubber supplies.
At the opening of the trading session on July 14, the August rubber futures price on the OSE in Japan increased by 0.3% (1 yen) to 314.2 yen/kg. In China, the August rubber futures price on the Shanghai Futures Exchange (SHFE) increased by 0.4% (64 yuan) to 14,389 yuan/ton. In Thailand, the August rubber futures price increased by 0.7% (0.54 baht) to 72.8 baht/kg.
In the domestic market, the purchase price of rubber latex at large enterprises did not record any adjustment and remained stable in this morning's session. Specifically, at Ba Ria Rubber Company, the purchase price of liquid latex was VND 390/TSC degree/kg (applied to TSC degrees from 25 to under 30); DRC coagulated latex (35 - 44%) was VND 12,700/kg, raw latex was recorded at VND 15,800 - 17,000/kg.
Similarly, MangYang Company quoted the purchase price of latex at about 389 - 393 VND/TSC (type 2-type 1); and mixed latex at about 340 - 388 VND/DRC (type 2-type 1).
At Binh Long Rubber Company, latex is currently purchased at 386 - 396 VND/TSC/kg; mixed latex with 60% DRC is priced at 14,000 VND/kg.
Phu Rieng Company offers to buy mixed latex at 380 VND/DRC, and buy latex at 410 VND/TSC.
Source: https://baolamdong.vn/gia-cao-su-hom-nay-14-7-thi-truong-khong-co-bien-dong-382232.html
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