Domestic rubber price on November 2 decreased by 2,000 VND/kg

Domestic rubber prices fell sharply

The domestic rubber market on November 2 recorded a remarkable downward trend in prices, especially at Ba Ria Rubber Company with a decrease of up to 2,000 VND/kg for raw latex. This development occurred in the context of the world market being divided, under pressure from concerns about the automobile industry.

The rubber latex purchase price list at some large domestic companies is updated as follows:

Company	Product	Price	Rate of change
Ba Ria Rubber	Latex (25-30 degrees TSC)	405 VND/degree TSC/kg	10 cents off
Ba Ria Rubber	DRC latex (35-44%)	13,500 VND/kg	1,500 VND discount
Ba Ria Rubber	Raw latex	18,000 VND/kg	2,000 VND discount
MangYang Rubber	Latex (Type 1-2)	394 – 399 VND/TSC	4 cents off
MangYang Rubber	Mixed latex (Type 1-2)	359 – 409 VND/DRC	7 dong discount
Phu Rieng Rubber	Miscellaneous latex	390 VND/DRC	Stabilize
Phu Rieng Rubber	latex	420 VND/TSC	Stabilize
Binh Long Rubber	Latex (at the factory)	422 VND/degree TSC/kg	Stabilize
Binh Long Rubber	Mixed latex (DRC 60%)	14,000 VND/kg	Stabilize

World markets fluctuate in opposite directions

On international exchanges, rubber futures prices recorded mixed developments. Market sentiment was affected by the shortage of semiconductor chips and signs of slowing demand for electric vehicles.

In Thailand: November rubber futures fell 0.4% to 67.25 baht/kg.
In Japan (OSE): The November contract increased by 1% to 310.5 yen/kg. However, the April 2026 contract decreased by 0.48% to 313.4 yen/kg (about 2.08 USD).
In China (SHFE): The January 2026 contract fell 0.29% to 15,400 yuan/ton (about 2,162.01 USD). In contrast, the December butadiene rubber contract rose 1.46% to 10,800 yuan/ton.

Domestic rubber prices recorded a downward trend during the trading session. — Domestically, rubber prices fluctuated downward.

Auto industry puts pressure on prices

The outlook for the global auto industry is a key factor pressuring prices for rubber, a key ingredient in making tires, with major automakers including Nissan Motor and Mercedes-Benz warning of a worsening chip shortage.

In the US, General Motors (GM) announced that it would cut production of electric vehicles and batteries due to falling demand. Analysts said that car sales could directly impact production output, thereby affecting rubber consumption demand.

Other market factors

In currency markets, the Japanese yen fell 0.1 percent against the dollar, trading at 152.83 yen per dollar. A weaker yen typically makes yen-denominated assets more attractive to foreign investors.

Meanwhile, the slight decrease in crude oil prices also affected the market. Natural rubber prices tend to move in the same direction as oil prices due to competition from synthetic rubber, a product derived from petroleum.

Source: https://baolamdong.vn/gia-cao-su-trong-nuoc-ngay-211-giam-toi-2000-dongkg-399473.html