As of December 14th, the global rubber market has seen a predominantly upward trend, notably a strong surge on the Japanese exchange. This development is supported by stable demand from the tire manufacturing industry, although the market remains under pressure from abundant supply in Southeast Asia.
Developments on international exchanges
The rubber market on major exchanges showed divergence last week, with Singapore and Tokyo being the two main bright spots.
Tokyo Commodity Exchange (TOCOM)
RSS3 rubber prices on the TOCOM exchange started the week with a slight upward trend. Between December 8th and 11th, most contracts rose by 0.55% to 1.27%, fluctuating around 322–328 JPY/kg. After a slight correction on December 12th, the market remained flat for near-term contracts on December 13th. The December 2025 contract stood at 323.9 JPY/kg, while longer-term contracts saw slight increases of 0.09% to 0.64%.
Shanghai Futures Exchange (SHFE)
The Shanghai market witnessed more significant volatility. Natural rubber prices fell in the first two trading sessions of the week (December 9-10) to the 15,000–15,100 CNY/tonne range due to high inventories and sluggish domestic demand. The market then recovered slightly but not sustainably. By December 13, prices closed around 15,215–15,255 CNY/tonne after a narrow range of adjustments.
Singapore Stock Exchange (SGX)
The SGX exchange was a bright spot in the market last week with a relatively continuous upward trend. After a slight decline on December 12th, TSR20 rubber prices surged strongly by 0.58% to 0.87% on December 13th. Futures contracts from January to May 2026 were pushed up to the 173.00–173.70 cents/kg range, reflecting positive expectations for demand in Asia.
Domestic rubber market
In the domestic market, the purchase price of raw rubber latex continues to be kept stable by businesses. Below is a table of reference prices from some companies:
| Company | Type of latex | Unit price |
|---|---|---|
| Ba Ria Rubber | Latex (TSC 25-30) | 415 VND/degree TSC/kg |
| Ba Ria Rubber | DRC latex (35-44%) | 13,900 VND/kg |
| Ba Ria Rubber | Raw latex | 18,500 VND/kg |
| MangYang Rubber | Latex (Type 1/Type 2) | 408/403 VND/degree TSC/kg |
| MangYang Rubber | Mixed latex | 368–419 VND/DRC |
| Phu Rieng Rubber | Latex | 420 VND/degree TSC/kg |
| Phu Rieng Rubber | Mixed latex | 390 VND/DRC |
| Binh Long Rubber | Latex (at the factory) | 422 VND/degree TSC/kg |
| Binh Long Rubber | Mixed latex (DRC 60%) | 14,000 VND/kg |
Overall, the global rubber market is caught between supply pressure and support from production demand. The short-term trend may be sideways or slightly upward if buying pressure on the SGX exchange is maintained and demand from China shows signs of improvement.
Source: https://baolamdong.vn/gia-cao-su-ngay-1412-san-nhat-ban-tang-manh-nhat-tuan-410222.html
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