Rubber prices continued to increase on the Shanghai, Singapore and Thai exchanges on July 23. The Japanese market was closed, so rubber prices remained stable. Domestically, rubber latex purchase prices at large enterprises remained stable.
World rubber price
At the end of this morning's trading session, the price of August rubber futures on the Shanghai Futures Exchange (SHFE) - China increased by 0.57% (85 yuan) to 14,880 yuan/ton.
In Thailand, rubber futures for August delivery rose 0.3% (0.21 baht) to 74.29 baht/kg.
In Singapore, the price of TSR20 rubber futures for August 2025 on the SGX was at 171.50 cents/kg, up 0.65%.
The Japanese market is closed, so the price of rubber futures for August on the OSE remains unchanged at 321.2 Yen/kg.
While China is accelerating the modernization of its technical rubber production chain, the UK is tightening regulations on waste tire disposal, according to the European Rubber Journal.
In Guangxi, a subsidiary of China National Petroleum Corporation (PetroChina) has just completed two elastomer production complexes at the Guangxi Petrochemical Complex. With a capacity of 120,000 tons/year of SSBR and 80,000 tons/year of SBS, the project marks a strategic step for CNPC in upgrading the domestic petrochemical refining industry.
In contrast, in the UK, the government will end the T8 exemption, which allows small-scale disposal of waste tyres without an environmental permit, from 15 October. The UK Environment Agency has warned that the misuse of T8 has led to excess tyre storage, increased fire risks and illegal recycling.
Domestic rubber price
Domestically, the purchase price of rubber latex at large enterprises has not fluctuated. Specifically, Binh Long Rubber Company currently purchases liquid latex at 386 - 396 VND/TSC/kg; mixed latex with 60% DRC is priced at 14,000 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).
Ba Ria Rubber Company, the purchase price of liquid latex is 390 VND/TSC degree/kg (applied to TSC degree from 25 to under 30); DRC coagulated latex (35 - 44%) is 12,700 VND/kg, raw latex is recorded at 15,800 - 17,000 VND/kg.
Phu Rieng Company offers to buy mixed latex at 370 VND/DRC, and buy latex at 400 VND/TSC.
Source: https://baolamdong.vn/gia-cao-su-hom-nay-23-7-tiep-da-tang-tren-cac-san-giao-dich-383305.html
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