Rubber price today April 1, 2025: Slight decrease again

World rubber prices fall sharply due to concerns about weakening demand

At the close of trading on March 31, rubber prices in key Asian markets fell sharply. On the Shanghai Futures Exchange, rubber futures for April delivery fell 2.2%, or 370 yuan, to 16,495 yuan/kg. In Thailand, rubber futures for April delivery fell slightly by 0.4% to 82.12 baht/kg. Meanwhile, in Japan, prices fell 1.1% to 342.2 yen/kg.

The main reason for the decline in global rubber prices is due to concerns about future demand, especially after the US announced that it would impose a 25% tariff on imported cars and light trucks. This measure is expected to directly affect the automobile and tire manufacturing industries – the two largest rubber consuming sectors. In addition, trade tensions with China have also contributed to increased uncertainty and reduced expectations for global rubber consumption.

On the other hand, rubber supply remains constrained by unfavorable weather conditions in many major producing regions in Asia. This supply shortage is helping to limit the sharp decline in prices.

Thailand boosts investment in rubber industry

Amid the volatile market, Thailand’s Northeast Rubber Company (NER) is aggressively expanding its production operations. According to Chuwit Jungtanasomboon, CEO of the company, NER has announced plans to build a third factory with an investment of up to 2 billion baht, specializing in the production of rubber blocks and rubber compounds.

The expansion is aimed at meeting growing orders from domestic and international markets, especially China – NER’s major rubber importer. The company also aims to expand its customer base to other Asian countries where rubber demand is on the rise.

NER is currently one of the major suppliers of rubber products such as rubber sheets, rubber blocks, compound rubber and rubber flooring for industrial and intermediate sectors.

Update on domestic rubber prices: stable

In the domestic market, the purchase price of rubber latex remains stable at many large enterprises. Specifically, Phu Rieng Rubber Company maintains the price of mixed latex at 400 VND/DRC and water latex at 440 VND/TSC.

At Ba Ria Rubber Company, the price of liquid latex for TSC from 25 to under 30 fluctuates at 462 VND/TSC/kg. DRC latex (35-44%) is purchased at 13,600 VND/kg, while raw latex fluctuates from 16,900 - 18,200 VND/kg depending on quality.

Meanwhile, Mang Yang Rubber Company quoted the price of latex at 443 - 447 VND/TSC and mixed latex at 406 - 461 VND/DRC. This price has been applied since March 14, 2025 and is still being maintained stably.

Market Comments

Although global rubber prices are under downward pressure due to demand factors, tight supply conditions may provide short-term support. In addition, investment expansion plans such as those of NER show that businesses still expect a medium- and long-term recovery of the rubber industry, especially in the context of industrial production gradually recovering in many Asian countries.

Source: https://baoquangnam.vn/gia-cao-su-hom-nay-1-4-2025-giam-nhe-tro-lai-3151868.html