Rubber prices today, January 19th: Shanghai exchange falls sharply by 1.22%, domestic latex prices remain stable.
Global rubber prices reversed course and fell under pressure from the energy market and profit-taking sentiment, while rubber latex purchase prices in Vietnam continued to maintain stable levels.
Trading on January 19th saw a widespread downward correction across major rubber exchanges in Asia. The cooling of crude oil prices and profit-taking by investors after a prolonged rally were the main factors putting pressure on the market. In contrast to international trends, the purchase price of raw rubber latex in the Vietnamese domestic market remained stable at major enterprises.
International markets: Pressure from oil prices drags down gains.
At the Osaka Exchange (OSE), the price of June 2025 rubber futures fell 0.56% to 352.1 yen/kg. Despite a slight correction at the end of the week, the commodity still recorded its sixth consecutive week of price increases, with a gain of approximately 1.29%.
In China, the decline was more pronounced. On the Shanghai Futures Exchange (SHFE), the May 2025 natural rubber contract fell 1.22%, to 15,835 yuan/tonne. Notably, butadiene rubber – a component directly affected by crude oil prices – recorded a sharp decline of 3.55%.
Analysts attribute the decline in the rubber market to a combined impact from energy prices. As geopolitical risks in the Middle East temporarily eased, falling crude oil prices reduced the cost of producing synthetic rubber, thereby putting competitive pressure on natural rubber.
Domestic market: Maintaining stable purchase prices.
Despite fluctuations in the global market, the purchase price of rubber latex in key rubber-producing regions of Vietnam such as Binh Long, Phu Rieng, and Ba Ria remained unchanged compared to previous sessions.
| Business | Product Type | Price (VND) | Unit || Binh Long Rubber | Latex (at the factory) | 440 | TSC |
| Binh Long Rubber | Mixed latex (DRC 60%) | 14,000 | VND/kg |
| Phu Rieng Rubber | Latex | 420 | VND/TSC |
| Phu Rieng Rubber | Mixed latex | 390 | VND/DRC |
| Ba Ria Rubber | Raw latex | 18,500 | VND/kg |
| Ba Ria Rubber | Latex (DRC 35-44%) | 13,900 | VND/kg |
| MangYang Rubber | Latex (Type 1-2) | 403 - 408 | VND/TSC |
At Ba Ria Rubber Company, the purchase price of liquid latex (TSC degree from 25 to under 30) is currently pegged at 415 VND/TSC degree/kg. Meanwhile, Binh Long Rubber Company maintains the purchase price at 412 VND/TSC/kg for its production teams.
Analyzing supply and demand trends
Currently, global rubber supply is entering a seasonal tightening phase. Major exporting countries such as Thailand, Vietnam, and Indonesia are maintaining cautious sales strategies. This helps establish a solid support level for rubber prices in the medium term, even if demand from downstream industries has not yet seen a strong surge.
Experts predict that, in the short term, rubber prices will continue to be affected by fluctuations in oil prices and the US dollar exchange rate; however, the scarcity of supply at the end of the harvest season will be an important factor preventing sharp declines.
