Rubber prices on December 17th: Japanese and Chinese markets decline, Singapore sees slight increase.
Rubber prices on December 17th showed divergence, with TOCOM and SHFE adjusting downwards due to profit-taking pressure, while SGX maintained a positive trend. Domestic latex prices remained stable.
Contrasting developments in the global rubber market.
The global rubber market on December 17th witnessed mixed movements as major exchanges in Asia recorded differing results. Prices in Japan and China weakened simultaneously due to profit-taking pressure, while the Singapore exchange maintained a slight upward trend.
TOCOM (Japan) exchange adjusts downwards.
On the Tokyo Commodity Exchange (TOCOM), RSS3 rubber prices fell across all maturities. The December 2025 contract dropped to 320.60 JPY/kg. Contracts from January to April 2026 also saw declines ranging from 0.34% to nearly 1.5%, fluctuating between 322 and 325 JPY/kg. The main reason is believed to be profit-taking pressure from investors after a previous period of price increases, coupled with the stability of the Japanese yen, leading to more cautious buying.
The SHFE (China) stock exchange is under pressure.
Similarly, natural rubber prices on the Shanghai Futures Exchange (SHFE) also adjusted downwards. Contracts for delivery from January to June 2026 fell by 0.16% to 0.92%, trading in the range of 15,150 – 15,195 CNY/tonne. The Chinese market is being affected by concerns about increasing inventories and a lack of clear signs of improving demand.
SGX (Singapore) is a bright spot.
Contrary to the general trend, the Singapore Exchange (SGX) continued its slight upward momentum. The price of TSR20 rubber for the January 2026 contract remained unchanged at 174.60 cents/kg. Meanwhile, longer-term contracts saw slight increases of 0.12% to 0.17%, fluctuating around 173-174 cents/kg. This positive development was supported by expectations of export demand and technical factors.
The domestic rubber market is stable.
In the domestic market, rubber latex purchasing prices at major companies remained relatively stable compared to previous sessions, indicating a balance between domestic supply and demand.
BusinessesType of latexPurchase priceUnitPhu Rieng Rubber CompanyLatex420VND/TSC/kgMixed latex390VND/DRC/kgMang Yang Rubber CompanyGrade 1 latex408VND/TSC/kgMixed latex, grade 1419VND/DRC/kgBa Ria Rubber CompanyLatex410 - 420TSCCurdled latex (DRC ≥ 50%)18,500VND/kgBinh Long Rubber CompanyLatex (at the factory)440VND/TSC/kgMixed latex (DRC 60%)14,000VND/kg
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