Decreases in Thailand and Singapore

In Thailand and Singapore, rubber prices fell slightly, while in China and Japan, the price trend remained almost unchanged.

In Japan, RSS3 rubber futures contracts on the Tocom exchange showed slight fluctuations. The April 2025 contract reached 341.00 yen/kg, while the June contract fell to 341.70 yen/kg. The remaining contracts fluctuated around 344 to nearly 350 yen/kg.

In Thailand, the price of rubber for April delivery fell from 82.45 baht/kg to 82.12 baht/kg. The decrease was not significant but reflected a cautious market sentiment.

On the Shanghai exchange, contracts for delivery between April and August 2025 remained stable at around 16,640 – 16,815 yuan/kg, indicating that the Chinese rubber market is not expected to experience significant short-term fluctuations.

In Singapore, TSR20 rubber prices declined across all contracts from April to August 2025. The April contract fell from 197.00 cents/kg to 193.20 cents/kg, a correction indicating a slightly negative trend in the market.

Domestically, rubber latex purchasing prices at companies remain unchanged. At Mang Yang Rubber Company, grade 1 liquid latex is purchased at 447 VND/TSC/kg, while grade 2 is 443 VND/TSC/kg. Grade 1 mixed coagulated latex is priced at 461 VND/DRC/kg, lower than grade 2 at 406 VND/DRC/kg.

At Phu Rieng Rubber Company, liquid latex is priced at 440 VND/TSC/kg, while mixed latex is purchased at 400 VND/DRC/kg. Ba Ria Rubber Company also maintains three price levels based on TSC, ranging from 442 to 452 VND/degree. For coagulated latex, the price fluctuates from 13,500 to 18,000 VND/kg depending on the DRC degree.

At Binh Long Rubber Company, the price of liquid latex remains stable at around 386-396 VND/TSC/kg. Mixed latex with a DRC of 60% is being purchased at 14,000 VND/kg, unchanged from previous days.

Source: https://baoquangnam.vn/gia-cao-su-hom-nay-2-4-2025-giam-tai-thai-lan-va-singapore-3151950.html