Vietnam: F.O.B SVR physical prices: 22/05/2018Daily Rubber Physical Prices (Sen/Kg)
ESTABLISHED UNION THANH THANH TECHNICAL RUBBER CO., LTD
LUNAR NEW YEAR HOLIDAYS 2019
At Tokyo Commodity Exchange (TOCOM), rubber prices on Dec. 11st 2018 futures in May 2019 decreased by 1.3 JPY, equivalent to 0.8% to 160.2 JPY (1.42 USD)/kg. , hit its lowest level since Nov. 30th 2018, under pressure from weak oil prices.
Domestic rubber prices will continue to be influenced by price movements in the world market. Vietnam's rubber exporters may face more difficulties in the coming time due to low demand from the main export market of rubber is China. Therefore, businesses need to diversify their markets to avoid relying on traditional markets.