Oct 24 Qingdao Rubber Price Up

October 27, 2025, 10:53 AM

TDD-global

4331

Guide

Highlights at a glance

On October 24, the STR20 natural rubber price index in Qingdao rose slightly to $1,870/ton, up $10 from the previous day, remaining stable amid mixed supply dynamics. In Thailand and Vietnam, typhoons disrupted raw material output, tightening supply and supporting higher glue prices. While Yunnan’s production normalized after rainfall, Hainan faced supply constraints due to Typhoon Fengshen, limiting fresh latex collection. Domestically, strong futures and spot markets lifted raw material purchase prices. Tire manufacturers maintained stable pricing, with most adopting a cautious, wait-and-see approach toward future procurement. Although short-term rubber prices are supported by elevated raw material costs, medium- to long-term outlooks reflect bearish sentiment as supply recovery expectations grow. Tires makers are hesitant to stockpile expensive inputs, which may slow inventory replenishment. Overall, rubber prices are expected to stay firm but volatile in the near term.

Index

On October 24th, the STR20 price index of natural rubber in the Qingdao market was $1,870/ton, up $10/ton from the previous trading day and remaining stable.

Market Analysis

Futures Market:

Spot Market

Supply:

Overseas: Typhoons in Thailand caused heavy rainfall in southern production areas, hindering the release of raw materials and prompting factory purchases to raise prices, driving up both glue and cup rubber prices. Typhoon-affected production areas in Vietnam limited overall raw material supply, supporting relatively firm glue prices.

Domestic: Rainfall decreased in Yunnan production areas, and raw material release returned to normal. Driven by the strong futures and spot markets, raw material purchase prices rose slightly. Typhoon Fengshen affected Hainan production areas, resulting in increased heavy rainfall and falling temperatures. This significantly tightened the supply of fresh glue on the island, limiting actual raw material purchases by local processing plants.

Demand: Raw material prices fluctuated slightly, and tire raw material costs remained generally stable. In the second half of the month, most companies maintained stable pricing policies, and trading flexibility remained unchanged. Some companies may introduce policies for the following month, but more companies are adopting a wait-and-see approach, resulting in stable prices.

Futures and Spot Prices Overview

Market Forecast

Today, the main rubber futures contract saw a volatile market, with spot prices rising in line with the market. Raw material prices remain high, providing strong short-term support for rubber prices. In the medium and long term, expectations of increased supply remain. Tire companies are reluctant to stockpile high-priced raw materials, which will impact the pace of inventory reduction. In the short term, rubber prices may remain relatively strong and volatile.

Our platform connects hundreds of verified Chinese chemical suppliers with buyers worldwide, promoting transparent transactions, better business opportunities, and high-value partnerships. Whether you are looking for bulk commodities, specialty chemicals, or customized procurement services, TDD-Global is trustworthy to be your fist choice.

Carbon Black Market Oct 24th

Titanium Products Market Today