Rubber price today May 28, 2025: Decline, 2025 rubber tapping season in Thailand postponed for a month

Rubber price today May 28, 2025: Declining due to uncertainties in US trade policy with the EU, 2025 rubber tapping season in Thailand postponed by one month

In the domestic market, latex purchase prices at enterprises remain stable.

Ba Ria Rubber Company: Water latex Level 1 (TSC ≥ 30) 452 VND/ TSC degree/kg; Level 2 (TSC 25-<30) 447 VND/ TSC degree/kg; Level 3 (TSC 20-<25) 442 VND/ TSC degree/kg. DRC ≥ 50% 18,000 VND/kg; DRC 45-50% 16,700 VND/kg; DRC 35-45% 13,500 VND/kg. (Note: Source records water latex price at 462 VND/ TSC degree/kg for TSC degree 25-30, DRC 35-44% coagulated latex at 13,600 VND/kg, raw latex 16,900 - 18,200 VND/kg).

Binh Long Rubber Company: Natural latex 386-396 VND/TSC/kg; DRC 60% mixed latex 14,000 VND/kg.

Mang Yang Rubber Company: Liquid latex 397 - 401 VND/TSC (type 2-type 1); mixed coagulated latex 359 - 409 VND/DRC (type 2-type 1).

Phu Rieng Rubber Company: Grade 1 latex 440 VND/TSC/kg; mixed latex 400 VND/DRC/kg. (Note: Source recorded that Phu Rieng enterprise stabilized the price of mixed latex at 405 VND/DRC).

In the world market, the price of TSR20 rubber on the SGX - Singapore exchange fluctuates.

June 2025 futures: up 0.60 cents/kg, to 169.80 cents/kg.

July 2025 term: up 0.30 cents/kg, to 170.50 cents/kg.

August 2025 term: slightly decreased by 0.10 cent/kg, down to 170 cent/kg.

September 2025 futures: up 1.10 cents, to 170.10 cents/kg.

On TOCOM – Tokyo, RSS3 rubber prices remained stable at around 341 – 344 yen/kg for short-term contracts. (Note: Sources recorded that the June rubber futures price on the Japanese OSE increased sharply by 3.2% to 333.2 yen/kg on May 27, the highest level in nearly two months).

On the Shanghai Futures Exchange (SHFE), rubber prices remained unchanged, trading in the range of 16,640 – 16,815 yuan/ton for the near term. (Note: Sources noted that the June rubber futures price on the Shanghai Futures Exchange increased by 0.2% to 14,335 yuan/ton on May 27).

Rubber futures prices in major markets have fallen due to uncertainties in the US trade policy with the EU. However, the US President's decision to extend trade negotiations with the EU helps reduce tariff pressure, which may support energy demand and limit the decline in oil prices, which may affect rubber.

The Rubber Authority of Thailand said the country’s 2025 rubber tapping season will be delayed by a month, affecting global natural rubber price trends. The Thai Ministry of Agriculture has also ordered a temporary suspension of latex concentrate imports due to concerns from farmers.

In the first 4 months of 2025, Ivory Coast's rubber exports reached 521,995 tons, up 5.2% over the same period in 2024. In April alone, exports decreased by 8.2% compared to the previous month but increased by 19.9% ​​over the same period in 2024.

Vietnam's average rubber export price in April 2025 reached 1,941 USD/ton, down 2.8% compared to the previous month, but up 21.5% over the same period last year.

In the first 4 months of the year, the average price reached 1,929 USD/ton, a sharp increase of 29.8% over the same period in 2024.

In terms of export volume, in April, the volume of rubber exported to many key markets (India, South Korea, Indonesia, Türkiye) decreased compared to the same period last year. In contrast, exports to China - the largest consumer market - continued to increase for the third consecutive month.

In Malaysia, the state of Sabah is working to revive the rubber industry by setting up high-tech warehouses, adopting advanced tapping techniques and promoting value-added products.

In Germany, the rubber industry called for support after sales and production fell in the first quarter of 2025. Revenue in the first three months of the year fell 2.7%, production fell 2.5%, and domestic sales fell 2% compared to the same period last year.

Source: https://baoquangnam.vn/gia-cao-su-hom-nay-28-5-2025-sut-giam-mua-khai-thac-cao-su-nam-2025-tai-thai-lan-bi-hoan-lai-mot-thang-3155642.html