Trade4go Summary
The rubber price today, 5/9/2025, worldwide, turned slightly downward. Meanwhile, the domestic latex price continues to trade around the threshold of 390 - 422 dong/TSC.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
Latest global rubber prices on September 5 On the global market, the price of this item has slightly decreased due to the automotive sector cutting sales targets. At the time of the survey, the RSS3 price at the TOCOM (Tokyo) Commodity Exchange for the October 2025 contract fell by 1.3 yen (equivalent to 0.4%); reaching 322.6 yen/kg. Meanwhile, the October 2025 contract on the SHFE (Shanghai) exchange fell by 40 CNY (or 0.27%); at 14,965 CNY/kg. In Thailand, the price of the October 2025 rubber futures contract lost 0.32 baht (that is 0.50%); reaching 69.62 baht/kg. Today's global rubber prices are falling amid fierce competition in the automotive industry, with electric vehicle manufacturer BYD cutting its sales target for this year by 16%; to 4.6 million vehicles - marking the slowest growth since 2020. Automotive sales can directly affect the level of production, in which rubber is widely used for tire production. However, the downward trend of this item is limited as heavy ...