(VAN) Rubber prices on May 21, recorded mixed movements across global rubber exchanges. Domestic latex purchasing prices in Vietnam remained stable.
Rubber prices on May 21 globally
On the global market, Asian rubber prices recorded mixed movements as rubber futures on the Tokyo Commodity Exchange (TOCOM) remained stable around JPY 403.30/kg, while natural rubber prices on the Shanghai Futures Exchange (SHFE) declined across contracts due to supply pressure and fluctuations in the energy market.
In the international market, Japanese rubber futures on TOCOM moved sideways, with the July 2026 contract holding at JPY 403.30/kg. RSS3 rubber prices across major contracts also remained stable. Specifically, the May 2026 contract stayed at JPY 396/kg, the June 2026 contract held at JPY 399.10/kg, while the July 2026 contract remained at JPY 403.30/kg.
Meanwhile, natural rubber prices on SHFE reversed lower across delivery contracts. The June 2026 contract fell by RMB 215/ton (-1.22%) to RMB 17,480/ton; the July 2026 contract dropped by RMB 115/ton (-0.65%) to RMB 17,525/ton; while the August 2026 contract declined by RMB 225/ton (-1.27%) to RMB 17,425/ton.
According to Reuters, Japanese rubber prices ended a two-session rally as global supply is expected to improve after heavy rains in Thailand eased, while the Ivory Coast is preparing to enter its peak harvest season next week.
On the Osaka Exchange (OSE), the October 2026 rubber contract fell by JPY 6, equivalent to 1.45%, to JPY 409.1/kg (around $ 2.57/kg).
Asian rubber markets are currently experiencing mixed fluctuations as weather conditions, exchange rates, and raw material supplies simultaneously impact trading activity. In the latest session, butadiene rubber prices, a synthetic rubber segment heavily influenced by the petrochemical industry, declined by 0.44% due to oversupply pressure in China.
The natural rubber market continues receiving support from prolonged heavy rainfall in Thailand, the world’s largest rubber producer. Thailand’s meteorological agency warned that widespread rain between May 19 and 21 could disrupt latex harvesting activities in many major southern growing regions.
However, upward price momentum remains fragile as weather forecasts for later this week suggest harvesting conditions in Thailand may improve again from May 22 onward. Traders currently view the rubber market as highly sensitive, meaning any rapid supply recovery could cap further price gains.
Rubber prices on May 21, 2026: Asian markets fluctuate oppositely
Global rubber prices today recorded mixed fluctuations. Japanese rubber markets showed gains while SHFE reflected cautious sentiment, as rubber continued facing downward pressure amid concerns over potential disruptions to global supply chains.
Natural rubber supply is gradually improving as the low-production cycle from February to May comes to an end before the main harvesting season lasting through September. Increased production in Thailand and the Ivory Coast, two of the world’s largest producers, is expected to continue putting pressure on prices.
Positive developments in global markets have also pushed Vietnam’s rubber export prices sharply higher again after the previous period of decline.
According to data from the Vietnam Customs Department, Vietnam’s average rubber export price in April reached $ 1,998/ton, up 3.4% compared to the previous month and 2.9% higher year-on-year. This was also the highest level recorded since March 2017.
However, for the first four months of the year overall, average export prices still declined by around 3.8% compared to the same period last year, falling to $ 1,856/ton. As a result, Vietnam’s rubber export turnover has not increased proportionally with export volumes.
Specifically, in the first four months of 2026, Vietnam exported 455,181 tons of rubber, up slightly by 0.5% year-on-year, while export turnover fell 3.3% to $ 844.76 million.
Thus, global rubber prices on May 21, 2026, recorded mixed movements across major exchanges.
Rubber prices on May 21 domestically
Domestically, latex purchasing prices remained unchanged compared to yesterday. 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 kept prices stable. 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 26,391 – Source: Vietcombank.
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