Rubber price today June 9: Positive first session of the week

World rubber bracket

At the opening of the trading session on June 9, the price of rubber futures for June delivery on the OSE in Japan edged up 0.2% (0.5 yen) to 303 yen/kg. In China, rubber prices on the Shanghai Futures Exchange (SHFE) rose 0.4% (50 yuan) to 13,650 yuan/ton. In Thailand, rubber futures for June delivery also rose 0.8% (0.56 baht) to 72.7 baht/kg.

In another development between the two major corporations, on June 5, 2025, Goodyear announced that it will close its tire manufacturing plant in Kariega, South Africa. This move is part of a broader restructuring plan in the Europe, Middle East and Africa (EMEA) region, aiming to “transform its market access strategy” and optimize its operations and product portfolio in this region.

Rubber price today 96 Positive first session of the week

Goodyear said in a statement that it will also restructure some of its sales, administrative and management (SAG) functions. Despite the plant closure, Goodyear will maintain its sales, distribution and HiQ retail network in South Africa.

The plant in Kariega currently produces consumer and off-road tyres with a capacity of 10,000 tyres per day.

This is part of the ongoing “Goodyear Forward” strategy, which aims to save more than $1.5 billion (1.37 billion euros) by the end of 2025.

At Sailun Group, on June 6, 2025, the Group announced that it had signed a five-year global cooperation and tire supply agreement with mining group Rio Tinto, from 2025 to 2030, for the Simandou iron ore mining project in Guinea.

The contract was signed in Perth, Australia, and covers all-terrain tires. Sailun executives confirmed this was a major step forward for the company’s off-road tire business during an earnings call on May 21. Sailun already supplies products to major brands such as Caterpillar, John Deere, Case New Holland, JCB (UK) and First Tractor Co.

In addition, Sailun said it is receiving great interest from investors in its “liquid gold” tire product line, which is said to simultaneously solve three important technical factors: low rolling resistance, wet traction and wear resistance.

The “liquid gold” technology is now being applied to a wide range of products, including passenger , commercial and special-purpose tires. However, Sailun did not disclose further details about this technology.

Domestic rubber price

In the domestic market, rubber prices at large enterprises continued to move sideways in the online session this morning. Specifically, at Ba Ria Rubber Company, the price of latex rubber today: Level 1 is priced at VND 452/degree TSC/kg, applicable to TSC degrees of 30 or more; level 2 is priced at VND 447/degree TSC/kg, applicable to TSC degrees from 25 to under 30; level 3 is priced at VND 442/degree TSC/kg, applicable to TSC degrees from 20 to under 25.

Today's mixed latex prices: 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.

Accordingly, Binh Long Rubber Company's current purchase price of latex is 386-396 VND/TSC/kg; mixed latex with 60% DRC is priced at 14,000 VND/kg.

Similarly, the purchase price at Mang Yang Rubber Company for latex fluctuates between 397 - 401 VND/TSC, depending on the type. Accordingly, grade 1 latex is at 401 VND/TSC/kg; grade 2 latex is at 397 VND/TSC/kg.

Grade 1 mixed latex is at 409 VND/DRC/kg; grade 2 mixed latex is at 359 VND/DRC/kg.

At Phu Rieng Company, the purchase price of mixed latex is 390 VND/DRC. Similarly, the purchase price of liquid latex has decreased to 425 VND/TSC.

Source: https://baodaknong.vn/gia-cao-su-hom-nay-9-6-tich-cuc-phien-dau-tuan-255004.html