(VAN) Rubber prices on June 1 recorded an upward trend across major global exchanges. Meanwhile, domestic latex purchasing prices in Vietnam remained stable.
Rubber prices on June 1 globally
On the global market, Asian rubber prices recorded mixed movements between the Tokyo Commodity Exchange (TOCOM) and the Shanghai Futures Exchange (SHFE), though the overall trend remained tilted toward gains.
In the international market, RSS3 rubber prices on the Tokyo exchange showed mixed but mostly sideways movements for short-term contracts. The June 2026 contract remained unchanged at JPY 400/kg, while the July 2026 contract rose by JPY 6/kg, equivalent to 1.49%, reaching JPY 409/kg. Another contract for the same period but different delivery month continued holding at JPY 408/kg.
Conversely, on the Shanghai exchange, natural rubber prices increased across all major contracts. The June 2026 contract rose by RMB 115/ton (+0.66%) to RMB 17,660/ton; the July 2026 contract gained RMB 55/ton (+0.31%) to RMB 17,755/ton; while the August 2026 contract climbed RMB 80/ton (+0.45%) to RMB 17,775/ton.
In Thailand, domestic rubber prices for June delivery increased by 0.7% (THB 0.6) to THB 87.06/kg.
Global rubber prices are currently hovering near their highest levels in many years. Market prospects in the coming period are still considered risky as geopolitical issues, macroeconomic factors, and supply conditions continue creating unpredictable fluctuations.
In its latest report, the Association of Natural Rubber Producing Countries (ANRPC) stated that the market will likely experience a combination of positive growth drivers and destabilizing factors. According to the organization, prolonged trade tensions between the United States and China could weaken global economic growth, thereby affecting demand for rubber products.
In addition, geopolitical developments involving Iran, Israel, and the United States may disrupt crude oil and international goods transportation routes, causing stronger fluctuations in raw material and logistics costs.
On the other hand, rubber demand continues receiving support from the automotive industry, particularly new-energy vehicles in China, India, and Southeast Asia. This is considered an important driver for maintaining natural rubber consumption in the medium and long term.
Rubber prices on June 1, 2026: Global market trends upward
Global rubber prices today maintained a strong upward trend and reached their highest levels in nearly a decade, supported by elevated global oil prices, which have increased production costs for synthetic rubber.
Despite market uncertainties, investment projects and tire production expansion plans worldwide are still being implemented, including projects across Asia, Africa, and North America.
Oil price movements directly affect the rubber market because natural rubber competes with synthetic rubber, which is produced from crude oil. When oil prices rise, synthetic rubber production costs also increase, thereby supporting demand for natural rubber.
Thus, global rubber prices on June 1, 2026 recorded an overall upward trend across major exchanges.
Rubber prices on June 1 domestically
Domestically, latex purchasing prices remained unchanged compared to the previous day. At Binh Long Rubber Company, factory purchasing prices stayed at VND 505/TSC/kg, while prices at production teams remained at VND 495/TSC/kg. Meanwhile, mixed latex prices (DRC 60%) increased by VND 4,000 to VND 18,000/kg.
Other companies also maintained stable prices. At Mang Yang Rubber Company, fresh latex purchasing prices remained around VND 458-463/TSC (grade 2-grade 1), while mixed coagulated latex prices ranged from VND 404-459/DRC (grade 2-grade 1).
Ba Ria Rubber Company continued quoting fresh latex prices at VND 420/TSC/kg (applicable for TSC levels from 25 to under 30), while coagulated latex DRC (35-44%) remained at VND 14,600/kg and raw latex at VND 18,100/kg.
Phu Rieng Rubber Company maintained fresh latex purchasing prices at VND 420/TSC, while mixed latex prices remained unchanged at VND 390/DRC.
$ 1 = VND 26,394 – Source: Vietcombank.
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