Rubber prices in Japan on July 16 increased due to recovery expectations; similarly, on the Thai exchange, rubber futures increased by more than 1%. Meanwhile, in China, rubber futures for August decreased by 0.17%. Domestically, rubber prices remained stable at large enterprises such as Phu Rieng, Binh Long, and Ba Ria.
World rubber price
At the end of this morning's trading session, the price of rubber futures for August on the OSE - Japan decreased by 0.3% (1 Yen) to 314 Yen/kg.
In China, the August rubber futures price on the Shanghai Futures Exchange (SHFE) decreased by 0.17% (25 yuan) to 14,300 yuan/ton.
In Thailand, rubber futures for August delivery rose 1.1% (0.76 baht) to 73.02 baht/kg.
In Malaysia, the rubber market fell sharply, continuing the downward trend with regional exchanges. Specifically, the price of standard rubber SMR 20 decreased by 8 sen to 718 sen/kg; liquid latex decreased by 2.5 sen to 564 sen/kg.
Global market sentiment was significantly affected after US President Donald Trump's latest announcement over the weekend to impose additional tariffs on imported goods from Mexico and the European Union starting August 1.
Domestic rubber price
In the domestic market, the purchase price of rubber latex at large enterprises continues to be stable. Specifically, at Ba Ria Rubber Company, the purchase price of liquid latex is at 390 VND/TSC degree/kg (applied to TSC degree from 25 to under 30); DRC coagulated latex (35 - 44%) is at 12,700 VND/kg, raw latex is recorded at 15,800 - 17,000 VND/kg.
MangYang Company quotes the purchase price of latex at about 389 - 393 VND/TSC (type 2 - type 1); 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-16-7-bien-dong-trai-chieu-tren-cac-san-giao-dich-382448.html
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