2 Dec 2025
Weakening demand caps price rises as heavy rains hit Vietnam, Thailand, Malaysia and Indonesia
Tokyo – Natural rubber futures ended the final week of November mixed with trading remaining within a narrow range, according to Japan Exchange Group (JPX).
Prices were initially supported by heavy rainfall and flooding across several ASEAN-producing countries, but gains were capped by concerns over weakening demand and intensifying competition in China's vehicle market, said JPX 1 Dec.
Sentiment was further dampened after reports that Chinese property developer Vanke delayed a local bond payment of Yuan2 billion (€243 million) due mid-December.
In Osaka, Japan, OSE April-2026 rubber contract closed 2.1% higher week-on-week while China’s SHFE rubber ended marginally firmer by 0.3%. INE rubber, meanwhile, fell 0.9% week-on-week on fresh selling interest.
In Singapore, SICOM February-2026 contract closed slightly stronger than the previous week, up 0.5% in “steady range-bound conditions.”
According to JPX, year-end seasonal rainfall and flooding were reported to be severe in Vietnam, southern Thailand (Hatyai), eastern Malaysia, and western Sumatra in Indonesia.
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