Natural rubber prices on major Asian exchanges today (June 17) fluctuated in opposite directions due to concerns that supply will increase again after the low season. In the domestic market, latex purchase prices at major rubber enterprises remained stable.
World rubber prices
At the end of this morning's trading session, rubber futures for June on the OSE - Japan increased by 0.1% (0.3 Yen) to 300.2 Yen/kg.
In China, rubber futures for June on the Shanghai Futures Exchange (SHFE) increased by 0.4% (50 Yuan) to 13,850 Yuan/ton.
In Thailand, rubber futures for July decreased by 0.2% (0.13 Baht) to 72 Baht/kg.
The price of TSR20 rubber on the SGX - Singapore exchange did not record any new adjustments and remained stable. Specifically, the July 2025 futures contract traded at 161.70 cents/kg.
Some notable information on the rubber market:
- Shandong Yongsheng Rubber (China) plans to build a tyre plant in Morocco, with a capacity of 6 million passenger tyres/year.
- Continental (Germany) is restructuring its tyre product portfolio in India, investing INR 1 billion (EUR 10 million) to expand production of ultra-high-performance (UHP) passenger tyres and light trucks at its Modipuram plant, near New Delhi. At the same time, the company will discontinue its heavy-duty truck tyre (TBR) business in the country, including the specialized production line in Modipuram.
- Sailun Group (China) plans to start commercial production at two new plants in Indonesia and Mexico by the end of 2025. Both plants rolled out their first tires in late May:
- PCBL Group (India) is purchasing 116 acres of land in Naidupeta, Andhra Pradesh, to build a sixth plant. The first phase will have a capacity of 150,000 tonnes/year of carbon black for rubber, with the potential to expand to 450,000 tonnes/year.
- Goodyear plans to close its Kariega, South Africa, tire plant – with a capacity of 10,000 tires/day (car and off-road) – as part of a restructuring of its EMEA operations.
- Sailun Group (China) signed a global off-road tire supply agreement with mining giant Rio Tinto, focusing on the Simandou iron ore project in Guinea, effective from 2025–2030.
- ITAC (South Africa) imposed provisional anti-dumping duties on tires from Thailand, Vietnam, and Cambodia, following initial findings that Chinese manufacturers were evading duties through these countries.
Domestic rubber prices
In the domestic market, rubber prices at large enterprises remained stable. Specifically, Mang Yang Rubber Company purchased latex at a price ranging from VND397 to VND401 per kg, depending on the type. Accordingly, grade 1 latex was priced at VND401 per kg; grade 2 latex was priced at VND397 per kg. Binh Long Rubber Company purchased latex at VND386 to VND396 per kg; mixed latex with a DRC of 60% was priced at VND14,000 per kg.
Grade 1 mixed latex is at 409 VND/DRC/kg; grade 2 mixed latex is at 359 VND/DRC/kg.
Ba Ria Rubber Company, the purchase price of liquid latex is at 405 VND/TSC degree/kg (applied to TSC degree from 25 to under 30); DRC coagulated latex (35 - 44%) is at 13,500 VND/kg; raw latex remains unchanged at 17,200 - 18,500 VND/kg.
Phu Rieng Rubber Company purchases mixed latex at 400 VND/DRC; liquid latex at 435 VND/TSC.
https://thuongtruong.com.vn/news/gia-cao-su-hom-nay-176-bien-dong-trai-chieu-142880.html
