Rubber price on November 23: Tocom floor sets new weekly peak

Rubber prices on Asian exchanges increased across the board on November 23, led by the Japanese market with its third consecutive week of increase. Meanwhile, the domestic market remained stable.

In the trading session at the end of the week on November 23, rubber prices in Asian markets recorded a trend of increasing in unison, notably the Tocom exchange (Japan) set a new peak price for the week and marked the third consecutive week of increase. In contrast, the purchase price of rubber latex in the Vietnamese market remained stable, without any adjustment.

Rubber price on November 23: Asian exchanges increased simultaneously, Tocom set a new peak this week

World rubber price developments

On major exchanges, rubber futures prices all recorded positive increases. Specifically:

• In Thailand: Rubber futures price for December 2025 increased by 1.7% (equivalent to 1.12 Baht), to 68.19 Baht/kg.
• At the Osaka Exchange (OSE), Japan: December rubber futures rose 0.8% to 333 yen/kg. April 2026 futures also edged up 0.3% to 335.3 yen/kg (about 2.13 USD/kg). This is the highest price since early April, helping the Tocom exchange record a total increase of 3.57% for the whole week.
• At the Shanghai Futures Exchange (SHFE), China: January 2026 rubber futures rose 0.3% to 15,370 yuan/ton. However, January 2025 butadiene rubber futures fell sharply by 1.98% to 10,385 yuan/ton.

Compared to last weekend, rubber prices in Thailand, Japan and China increased by 1%, 3% and 1% respectively.

Market trend analysis

The global rubber market last week showed a clear differentiation. The Tocom exchange maintained a strong growth momentum, at one point reaching a peak of 336 Yen/kg in the session on November 22. This trend was driven by expectations of demand from the Japanese automobile industry and the positive impact of the weakening Yen.

In contrast, the Shanghai Futures Exchange (SHE) faced downward pressure due to concerns about the pace of China’s economic recovery and the possibility of improved supplies due to better weather conditions. In Singapore (SGX), rubber prices fluctuated due to profit-taking by investors and expectations of improved supplies from Thailand and Indonesia.

Analysts predict that the global rubber market may continue to fluctuate in the coming time, depending on key factors such as purchasing power from China, crude oil price movements and actual production in Southeast Asia.

Stable domestic rubber market

In contrast to the bustling developments in the world, the domestic rubber market on November 23 did not record any new fluctuations, with businesses maintaining stable purchasing prices. This stability shows that domestic supply is at a balanced level and is not much affected by price trends on the international market.

Business	Product	Price level
Phu Rieng Company	latex	420 VND/TSC/kg
	Miscellaneous latex	390 VND/DRC/kg
Binh Long Company	Latex (at the factory)	422 VND/TSC/kg
	Latex (at production team)	412 VND/TSC/kg
	DRC 60% mixed latex	14,000 VND/kg
Ba Ria Rubber Company	latex	410 - 420 VND/TSC/kg
	DRC latex	13,900 - 18,500 VND/kg
Mang Yang Company	latex	403 - 408 VND/TSC/kg
	Mixed latex	368 - 419 VND/DRC/kg

Source: https://baolamdong.vn/gia-cao-su-ngay-2311-san-tocom-lap-dinh-moi-tuan-404621.html