Global natural rubber futures prices gained across all major exchanges, supported by continued physical demand, arbitrage activity and speculative buying. During the week ended 9 Jan, prices climbed to their “highest level in nine months,” as trading volumes increased after the new year holidays, reported Japan Exchange Group (JPX). Open interest increased across all exchanges, pointing to the creation of new positions across the market. Concerns over tighter supplies from ASEAN producers persist, added JPX. Physical prices, it noted, continue to trade at “a premium to futures”, reflecting ongoing supply tightness.
Selected rubber futures price trends on major trading exchanges
Exchange
Commodity
Delivery
Week to 02/01/29
Week to 02/01/29
% Change
Osaka
RSS3
May‘26
342.2 (JPY)
345.6 (JPY)
+1.0%
SHFE
SCR/RSS
May‘26
15,765 (CNY)
16,040 (CNY)
+1.7%
INE
TSR
May‘26
12,710 (CNY)
13,015 (CNY)
+2.4%
SICOM
TSR20
May‘26
181.2 (US$c)
183.5 (US$c)
+1.3%
SHFE
BR
Mar‘26
11,580 (CNY)
12,090 (CNY)
+4.4%
(ERJ calculation for selected futures pricing, as tracked by JPX)