Rubber price recovery prospects Aug 24-28, 69

Thansettakij•Economy•4d ago

Reader Briefing

The Rubber Authority of Thailand predicts a potential price recovery for rubber between August 24 and 28, 2026, driven by supply shortages and global oil prices.

•Koson Boonkhong of the Rubber Authority of Thailand predicts rubber prices may improve from August 24-28, 2026.
•Heavy rainfall and flooding in Northern and Northeastern Thailand have reduced rubber tapping and market supply.
•Rising global crude oil prices are increasing synthetic rubber production costs, making natural rubber more competitive.
•China remains a critical variable due to its position as the world's largest rubber consumer and signs of automotive market slowdown.

Overview

•Rubber prices on August 21, 2026, at 09:30, saw RSS3 at 85.50 baht/kg, while cup lump DRC 100% rose 0.30 baht to 69.50 baht/kg.
•Heavy rain and floods in Northern and Northeastern Thailand have hindered rubber tapping, potentially causing a short-term supply shortage.
•An increase in global crude oil prices is expected to support natural rubber prices by raising the cost of synthetic rubber.
•China's demand is a key factor, as previous pressures came from a slowdown in the Chinese automotive market and inventory levels.
•On August 21, the SHFE market in China rose by 155 yuan (0.89%) and the SICOM market in Singapore rose by 0.25%.
•Local prices remain stable, with rubber prices in Ubon Ratchathani at 87.60 baht/kg and Rayong at 82.10 baht/kg.
•Investors are advised to monitor Chinese orders, domestic rainfall, and global crude oil prices for the week of August 24-28, 2026.
•Price recovery may be limited if weather clears quickly, supply increases, or China continues to slow its purchases.

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Key Entities

Person

Koson Boonkhong(โกศล บุญคง)

Deputy Governor for Administration of the Rubber Authority of Thailand.

Organization

Rubber Authority of Thailand(การยางแห่งประเทศไทย)

The organization assessing rubber market trends and price movements.

Than Settakij(ฐานเศรษฐกิจ)

The media outlet to which Koson Boonkhong disclosed rubber market information.

SHFEℹ️

A futures market in China.

SICOM

A futures market in Singapore.

Place

China(จีน)ℹ️

The world's largest rubber consumer market.

Singapore(สิงคโปร์)ℹ️

The location of the SICOM market.

Hat Yai(หาดใหญ่)ℹ️

A local rubber market area where prices were 81 baht per kilogram.

Khlong Ngae(คลองแงะ)

A local rubber market area where prices were 82 baht per kilogram.

Trang(ตรัง)

A local rubber market area where prices were 82 baht per kilogram.

Rayong(ระยอง)ℹ️

A local rubber market area where prices were 82.10 baht per kilogram.

Ubon Ratchathani(อุบลราชธานี)ℹ️

A local rubber market area where prices were 87.60 baht per kilogram.