(VAN) Rubber prices on June 3, recorded an upward trend in the global market across major exchanges, while domestic latex purchasing prices remained stable.
Rubber prices on June 3 globally
In the global market, Asian rubber prices continued their upward trend. The increase was supported by high global oil prices, which pushed up production costs for synthetic rubber.
On the international market, at the Tokyo Tocom exchange, RSS3 rubber prices remained stable compared to the previous day. The June 2026 contract traded at 406.7 yen/kg, while the July 2026 contract traded at 407.2 yen/kg, and another July 2026 contract traded at 410.7 yen/kg.
Meanwhile, on the Shanghai SHFE exchange, natural rubber prices rose across all major contracts. Specifically, the June 2026 contract increased by 50 yuan/ton, or 0.28%, to 17,850 yuan/ton; the July 2026 contract rose by 135 yuan/ton (+0.75%) to 18,020 yuan/ton; and the August 2026 contract gained 123 yuan/ton (+0.73%) to 17,975 yuan/ton.
At the same time, the June butadiene rubber contract – the most actively traded synthetic rubber product on SHFE – surged 2.8% to 14,845 yuan/ton.
Global oil prices rose more than 2% in the first trading session of the week, significantly impacting the natural rubber market, as natural rubber directly competes with synthetic rubber.
Global rubber prices recorded notable gains amid concerns over tightening natural rubber supply. Many major companies in Asia are accelerating capacity expansion plans to meet growing global demand.
Experts believe that in the short term, rubber prices will continue to be influenced by geopolitical developments, oil price trends, and supply conditions in major Asian producing countries. These factors are expected to play a key role in shaping market trends in the coming weeks.
Rubber prices on June 3, 2026: Upward momentum continues
Global rubber prices maintained a strong upward trend, supported by elevated oil prices that increased production costs for synthetic rubber.
According to Reuters calculations based on a report released on Monday, BYD ended its months-long sales decline in May.
The company’s total vehicle sales rose 0.3% year-on-year to 383,453 units after eight consecutive months of decline. Production also increased 8.8% year-on-year, marking the first growth since July 2025.
The recovery of the electric vehicle industry is seen as a positive signal for rubber demand, as rubber is a key material in tire manufacturing.
Another major factor supporting rubber prices comes from adverse weather forecasts in Southeast Asia.
Thailand’s Meteorological Department warned of heavy localized rainfall in the country’s southern region from June 2-7, increasing the risk of flash floods and affecting latex tapping activities.
Meanwhile, Indonesia’s meteorological agency forecast that the country would enter its dry season earlier than usual, with June rainfall expected to be below normal. This could continue to pressure production in the world’s second-largest rubber-producing country.
Analysts believe that unfavorable weather conditions in these two key supplying countries will tighten global supply further, thereby supporting rubber prices in the short term.
Thus, global rubber prices on June 3, 2026 recorded an upward trend across trading exchanges.
Rubber prices on June 3 domestically
In Vietnam, latex purchasing prices remained unchanged from the previous day. At Binh Long Rubber Company, latex purchasing prices at factories stayed at VND 505/TSC degree/kg, while purchasing prices at production teams remained at VND 495/TSC degree/kg. Scrap latex (DRC 60%) increased by VND 4,000 to VND 18,000/kg.
Other enterprises also maintained stable prices. At MangYang Company, fresh latex purchasing prices ranged from VND 458-463/TSC (grade 2-grade 1), while coagulated latex ranged from VND 404-459/DRC (grade 2-grade 1).
Ba Ria Rubber Company quoted fresh latex purchasing prices at VND 420/TSC degree/kg (applicable for TSC levels from 25 to under 30), with DRC latex (35-44%) at VND 14,600/kg and raw latex at VND 18,100/kg.
Phu Rieng Rubber Company continued to offer fresh latex purchasing prices at VND 420/TSC, while scrap latex remained at VND 390/DRC.
$ 1 = VND 26,402 – Source: Vietcombank.
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