Rubber price today May 8: Mixed increase and decrease on...

World rubber price

At the end of today's trading session, the price of rubber futures for May on the Shanghai Stock Exchange (China) increased by 1% (145 yuan) to 14,615 yuan/ton.

On the SGX - Singapore floor, TSR20 rubber prices continued to increase strongly. Specifically, the June 2025 term increased by 2.70 cents/kg, to 172.40 cents/kg; the July 2025 term increased by 2.90 cents/kg, to 170.80 cents/kg.

In Japan, RSS3 rubber prices on the Tocom - Tokyo exchange continued to move sideways. Specifically, the contract for delivery in May 2025 stood at 342.10 yen/kg; the contract for delivery in June 2025 remained at 341.70 yen/kg.

Thailand recorded a decrease of 1.3% (1 Baht) to 74.39 Baht/kg.

Domestic rubber price

Domestically, some businesses still 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.

Mang Yang Rubber Company quoted the purchase price of latex fluctuating around 415 - 420 VND/TSC. Accordingly, grade 1 latex is at 420 VND/TSC/kg; grade 2 latex is at 415 VND/TSC/kg.

Grade 1 mixed latex is at 430 VND/DRC/kg; grade 2 mixed latex is at 378 VND/DRC/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.

Source: https://baodaknong.vn/gia-cao-su-hom-nay-8-5-tang-giam-trai-chieu-tren-cac-san-giao-dich-251825.html