Rubber price today May 16: Continued increase in markets...

World rubber price

At the end of today's trading session, the price of rubber futures for May delivery on the Shanghai Stock Exchange (China) increased by 1.15% (170 yuan) to 14,935 yuan/ton.

Similarly, the price of rubber futures for May delivery on the OSE in Japan increased by 1.8% (5.8 Yen/kg) to 322 Yen/kg.

In Thailand, rubber futures for June delivery rose 0.4% (0.32 baht) to 76.3 baht/kg.

On the SGX - Singapore exchange, online rubber prices today turned down. Specifically, the June 2025 contract decreased slightly by 0.80 cents/kg, currently at 176.40 cents/kg; July 2025 decreased by 0.50 cents/kg, at 175.90 cents/kg; August 2025 decreased by 0.80 cents/kg, at 175.10 cents/kg.

Domestic rubber price

Domestically, businesses keep rubber prices stable. Specifically, Phu Rieng Rubber Company purchases latex at 440 VND/TSC/kg; mixed latex at 400 VND/DRC/kg.

The purchase price of latex at Binh Long Rubber Company is 386 - 396 VND/TSC/kg; mixed latex with 60% DRC is 14,000 VND/kg.

Ba Ria Rubber Company purchases level 1 latex at 452 VND/TSC degree/kg, applicable to TSC degrees of 30 or higher; level 2 at 447 VND/TSC degree/kg, applicable to TSC degrees from 25 to under 30; level 3 at 442 VND/TSC degree/kg, applicable to TSC degrees from 20 to under 25.

Cup latex, coagulated latex with DRC ≥ 50% at 18,000 VND/kg; cup latex, coagulated latex with DRC from 45-50% at 16,700 VND/kg; coagulated latex with DRC from 35-45% at 13,500 VND/kg.

Mang Yang Rubber Company, latex purchase price decreased by 18.5 VND, currently fluctuating between 397 - 401 VND/TSC, depending on the type. Accordingly, latex type 1 is at 401 VND/TSC/kg; latex type 2 is at 397 VND/TSC/kg.

Grade 1 mixed latex is at 409 VND/DRC/kg; grade 2 mixed latex is at 359 VND/DRC/kg.

Source: https://baodaknong.vn/gia-cao-su-hom-nay-16-may-tiep-tuc-tang-o-cac-thi-truong-chinh-252688.html