Far East exchanges closed the week ended 12 Sept lower, amid “profit-taking and long liquidation,” reported Japan Exchange Group (JPX). Prices, it said, entered “overbought territory” earlier in the month due to concerns over elevated cup-lump prices after the recent rainy season. Nevertheless, JPX noted that market sentiment remains supported by expectations of lower global interest rates and strong equity market performance.
JPX: Selected rubber futures price trends on major trading exchanges
Exchange
Commodity
Delivery
Week to 5/9/25
Week to 12/9/25
% Change
Osaka
RSS3
Jan‘26
323.1 (JPY)
315.9 (JPY)
-2.2%
SHFE
SCR/RSS
Jan‘26
16,375 (CNY)
15,860 (CNY)
-3.2%
INE
TSR
Jan‘26
13,035 (CNY)
12,615 (CNY)
-3.2%
SICOM
TSR20
Jan‘26
181.0 (US$c)
174.9 (US$c)
-3.4
SHFE
BR
Oct‘25
11,965 (CNY)
11,575 (CNY)
-3.3%
(ERJ calculation for selected futures)
PROJECTS
Recently reported capacity additions & expansions
Reported
Company
Project
Location
Capex
Details
18 Sept
Solvay Silicas
Convert HDS prod’n in Asia to circular raw materials
Qingdao, China and Gunsan, S Korea
n/s
Covers half of its regional HDS capacity from 2026
17 Sept
Shandong Haohua Tire
Tire plant expansion, upgrade
Shouguang, China
€35m
Raise capacity to 22m/yr LV, HV tires
16 Sept
Venezuela govt
Revive tire plant
Carabobo, Venezeula
€25m
National project
15 Sept
Sinopec
Synthetic rubber plant by 2027
Tianjin, China
€293m
100ktpa SSBR, 100ktpa Ni-BR
12 Sept
Sailun Group
New 3.6m units/yr tire plant
Suez Canal Zone, Egypt
$890m / phase I €291m
Ground-breaking 10 Sept
11 Sept
Bolder Industries
Process 6.6m/yr ELTs, into 18kt rCB, 21kt TPO
Terre Haute, Indiana
n/s
On track to complete in 2026
11 Sept
Bolder Industries
Process 6m/yr ELTs into 18ktpa rCB, 21ktpa TPO
Antwerp, Belgium
n/s
On track to complete by early 2027
11 Sept
Shandong Lichuang Mould
New tire mould making plant
Thailand
n/s
International expansion
10 Sept
Jin Sanjiang (Zhaoqing) Silicon Materials
Establish new plant
Malaysia
Yuan600m (€72m)
International expansion
BUSINESS
India’s tire industry could deliver 12-fold revenue growth by 2047, reaching €125 bn, a joint study by the Automotive Tyre Manufacturers Association and PwC India found. Tire exports from India, it said, are on track to accelerate, while domestic OE and replacement revenues could grow at around 10% CAGR.
Pirelli and Aston Martin have agreed to collaborate on the integration of Pirelli’s ‘cyber tire’ technology into the British luxury performance brand’s future vehicles.
Cambodia exported 184kt of natural rubber (NR) during the Jan-Aug period, down 12% year-on-year but domestic demand surged 89% year-on-year to 76kt. Overall revenue remained flat at $328m, with local sales contributing roughly $137m.
Cray Valley is to supply Continental with bio-based tackifying resin’ and liquid polybutadiene resin from its production site in Carling, France.
Safic-Alcan has extended a distribution agreement with Momentive for silicone elastomers to also cover France and various eastern European countries