May 29, 2025 | 07:55 GMT +7
May 29, 2025 | 07:55 GMT +7
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On the global market, rubber prices are showing an upward trend today, May 28, 2025.
At the time of the survey, RSS3 rubber on the Tokyo Commodity Exchange (TOCOM) for May 2025 delivery increased sharply by JPY 10.2 (3.2%) to JPY 333.2/kg.
Meanwhile, on the Shanghai Futures Exchange (SHFE), natural rubber for June 2025 delivery rose slightly by CNY 25 (0.2%) to CNY 14,335/kg.
In Thailand, the rubber price for June contracts remains steady at THB 74.95/kg.
Global rubber prices continue to rise in Japan and China while remaining flat in Thailand.
For the full year 2024, exports are projected to reach $4.99 billion, up 17.3%. However, farmers still face many challenges due to price fluctuations.
Latest domestic and global rubber prices on May 28, 2025
Mr. Thammarat Thongmee, Director-General of the Rubber Authority, has called on businesses to temporarily suspend imports of concentrated latex to reduce the impact on farmers, in accordance with the Rubber Control Act of 1999.
In Malaysia, the state of Sabah is revitalizing its rubber industry through modernization initiatives such as high-tech storage facilities and advanced tapping techniques.
Thus, global rubber prices on May 28, 2025, have mostly increased compared to the previous day.
In the domestic market, latex prices remain stable compared to yesterday.
According to the latest listed prices, raw latex at Mang Yang Company is trading between VND 397 and VND 401/TSC, while mixed coagulated latex is being purchased at around VND 359 to VND 409/DRC.
At Ba Ria Rubber Company, the purchase price for fresh latex is VND 462/TSC; coagulated latex with a DRC content of 35–44% is priced at VND 13,600/kg, and raw latex materials are trading between VND 16,900 and VND 18,200/kg.
The most recent quotation from Phu Rieng Rubber Company shows mixed latex priced at VND 405/DRC, and fresh latex at VND 440/TSC.
Thus, as of May 28, 2025, domestic rubber prices are trading in the range of VND 397 to VND 462/TSC.
$ 1 = VND 25.730 - Source: Vietcombank.
Translated by Hoang Duy
(VAN) Coffee prices on May 28, 2025, show mixed movements. Domestically, prices dropped sharply by VND 1,600, trading at VND 121,700 – VND 122,200/kg.
(VAN) Pepper prices on May 28, 2025, remained unchanged globally. Domestic pepper prices have increased by VND 1,500, trading at VND 147,000 – VND 148,000/kg.
(VAN) Rice prices on May 27, 2025, show no new changes for both paddy and milled rice. Meanwhile, Vietnam’s export rice prices continue to remain flat.
(VAN) Pepper prices on May 27, 2025, recorded a slight increase in Indonesia, while domestic prices remain stable, trading at VND 146,000 to VND 147,000/kg.
(VAN) Rubber prices on May 27, 2025, are fluctuating sharply today. Domestic latex prices continue to trade around the range of VND 397 to VND 462/TSC.
(VAN) Coffee prices on May 27, 2025, continue to remain flat. Domestic coffee market is still trading around the range of VND 122,000 to VND 122,500/kg.