Rubber price today April 18: Japanese market drops sharply

World rubber price

At the end of this morning's trading session, April rubber futures prices in Japan decreased by 3.5% (10.6 Yen) to 288 Yen/kg.

In China, May rubber futures fell 0.57% (85 yuan) to 14,720 yuan/ton.

In Singapore, the price of TSR20 rubber on the SGX floor for the May 2025 futures contract continued to decrease by 2.40 cents/kg, down to 166.10 cents/kg; the June 2025 futures contract decreased by 2.20 cents/kg, down to 166.60 cents/kg...

In Thailand, rubber futures for May delivery remained flat at 72.63 baht/kg.

The Thai Meteorological Department has forecast thunderstorms and localized heavy rain in the southern region from April 14 to 19, warning farmers to be on guard against the risk of crop damage.

The Trump administration has exempted smartphones, computers and other electronics, mostly imported from China, from high tariffs, sending Japan’s Nikkei index higher while stocks in China and Hong Kong also rose.

While the temporary suspension of tariffs on some countries has improved market sentiment, concerns about a trade decoupling between China and the US are still weighing on the market, according to Chinese financial news site Tonghuashun Information.

Yesterday, China announced that its first-quarter GDP growth was up 5.4% year-on-year. Retail sales in March increased 5.9% (higher than the 4.2% growth expectation) and industrial output increased 7.7% (far exceeding the stable 5.9% expectation) compared to the same period in 2024. This was also the main factor that prevented Chinese rubber prices from falling sharply in yesterday's session.

Last week, Chinese Premier Li Qiang said the country needs to implement more proactive macroeconomic policies and implement them in a timely manner, according to Chinese state media.

Domestic rubber price

In the domestic market, Mang Yang rubber prices have decreased. Specifically, Mang Yang Rubber Company reported that the average purchase price of latex has decreased by VND27.5/TSC, fluctuating around VND415 - 420/TSC. Accordingly, grade 1 latex is at VND420/TSC/kg; grade 2 latex is at VND415/TSC/kg.

Average mixed latex decreased by 29.5 VND/DRC. Specifically, mixed latex type 1 is at 430 VND/DRC/kg; mixed latex type 2 is at 378 VND/DRC/kg.

Ba Ria Rubber Company purchases level 1 latex at 452 VND/TSC degree/kg, applicable to TSC degrees of 30 or higher; level 2 at 447 VND/TSC degree/kg, applicable to TSC degrees from 25 to under 30; level 3 at 442 VND/TSC degree/kg, applicable to TSC degrees from 20 to under 25.

Cup latex, coagulated latex with DRC ≥ 50% at 18,000 VND/kg; cup latex, coagulated latex with DRC from 45-50% at 16,700 VND/kg; coagulated latex with DRC from 35-45% at 13,500 VND/kg.

The purchase price of latex at Binh Long Rubber Company is 386 - 396 VND/TSC/kg; mixed latex with 60% DRC is 14,000 VND/kg.

Phu Rieng Rubber Company purchases latex at 440 VND/TSC/kg; mixed latex at 400 VND/DRC/kg./.

Vietnam rubber prices continue to increase amid global trade tensions Despite being affected by trade conflicts between major economies, the Vietnamese rubber market has maintained a stable upward trend thanks to recovering demand and signs of tightening supply.

Source: https://baodaknong.vn/gia-cao-su-hom-nay-18-4-thi-truong-nhat-ban-giam-manh-249791.html