Rubber price today April 29: Market is improving

The US' continued signal of its desire to negotiate with China has supported commodity markets in the short term, including the rubber market.

World rubber price

In Japan, RSS3 rubber price on Tocom - Tokyo floor; Contract for delivery in May 2025 was at 290.6 JPY/kg, up 2.4%; Contract for delivery in June 2025 was at 287.9 ​​JPY/kg, down 1.23%; Contract for delivery in July 2025 was at 291 JPY/kg, down 0.03%; Contract for delivery in August 2025 was at 290.8 JPY/kg, up 0.31%; Contract for delivery in September 2025 was at 291 JPY/kg, up 0.07%; Contract for delivery in October 2025 was at 291.3 JPY/kg, down 0.21 0%; Contract for delivery in November 2025 was at 293 JPY/kg, up 0%; Contract for delivery in October 2025 was at JPY 293/kg, up 0%;

In Thailand, rubber futures for May delivery were at 74 baht/kg.

In Shanghai, the price of natural rubber on the SHFE; The April 2025 contract was at 16,640 yuan/kg; The May 2025 contract was at 16,680 yuan/kg; The June 2025 contract was at 16,740 yuan/kg; The July 2025 contract was at 16,795 yuan/kg. The August 2025 contract was at 16,815 yuan/kg.

In Singapore, TSR20 rubber price On SGX; TSR20 rubber futures contract for May 2025 delivery traded at 170.00 cents/kg; TSR20 rubber futures contract for June 2025 delivery traded at 166.10 cents/kg; TSR20 rubber futures contract for July 2025 delivery traded at 164.70 cents/kg; TSR20 rubber futures contract for August 2025 delivery traded at 164.30 cents/kg; TSR20 rubber futures contract for September 2025 delivery traded at 164.50 cents/kg unchanged yesterday.

Rubber harvesting in domestic production areas is accelerating, leading to more optimistic market sentiment about the possibility of supply growth, according to Chinese financial news site Tonghuashun Information.

The rubber crop typically has a low production period from February to May, followed by a peak harvest period that lasts until September.

Tonghuashun also added that the US continues to signal its desire to negotiate with China, supporting the commodity market in the short term.

According to data from the General Administration of Customs of China, in March 2025, the country imported a total of 760,000 tons of natural rubber and synthetic rubber (including Latex), an increase of 16.7% compared to 651,000 tons in the same period in 2024. In the first quarter of 2025, the total import volume into China reached 2.18 million tons, an increase of 20.9% compared to 1.8 million tons in the same period last year.

US President Donald Trump said on April 24 that trade talks with China are ongoing, rejecting claims from China that there are no discussions aimed at easing the current trade war. China is considering exempting some US imports from the 125% tariff and is asking businesses to identify items that could be exempted.

Domestic rubber price

The purchasing price at Mang Yang Rubber Company today is stable: Grade 1 latex is at 420 VND/TSC/kg, grade 2 latex is at 415 VND/TSC/kg

Today's mixed latex: Mixed latex type 1: at 430 VND/DRC/kg, mixed latex type 2 at 378 VND/DRC/kg.

Phu Rieng Rubber Company: Water latex price is at 440 VND/TSC/kg; Mixed latex price is at 400 VND/DRC/kg.

Ba Ria Rubber Company, latex rubber price today: Level 1 is priced at 452 VND/ TSC degree/kg applied to TSC degree from 30 and above; Level 2 is priced at 447 VND/ TSC degree/kg applied to TSC degree from 25 to under 30; Level 3 is priced at 442 VND/ TSC degree/kg, applied to TSC degree from 20 to under 25.

Price of mixed latex: 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; Clotted latex with DRC from 35-45% at 13,500 VND/kg.

Prices at Binh Long Rubber Company extended horizontally: Water latex: 386-396 VND/TSC/kg; mixed latex with 60% DRC is priced at 14,000 VND/kg.

Source: https://baodaknong.vn/gia-cao-su-hom-nay-29-4-thi-truong-khoi-sac-250936.html