HCMC – Rubber latex prices in Dong Nai City have risen to all-time highs in nearly a decade, boosting expectations of higher income for local farmers after years of weak returns.
By late May, liquid latex prices were more than VND100 per degree of latex higher than a year earlier, reported the Vietnam News Agency. In Phu Nghia Commune, traders were buying latex at around VND560-570 per degree of latex, depending on the area.
Prices for coagulated rubber also stayed high at about VND28,000 per kilogram, up roughly VND10,000 from the same period last year.
The price increase has brought relief to rubber growers entering the new tapping season. Farmers are hoping prices remain stable to support investment in cultivation and reduce pressure from rising input costs.
Agricultural authorities have advised farmers to maintain plantations carefully to secure sustainable income.
Growers also expect stable prices to help limit unplanned shifts to other crops and encourage longer-term organic farming practices.
Global rubber prices have also climbed to their highest level in nine years. According to the Ministry of Industry and Trade, stronger oil prices linked to rising U.S.-Iran tensions have increased synthetic rubber production costs, prompting some manufacturers to shift to natural rubber.
Vietnam’s average rubber export price reached US$1,998 per ton in April, up 3.4% from the previous month and 2.9% year-on-year, the ministry said. However, rubber export revenue in the first four months of 2026 fell 3.3% from a year earlier to US$844.76 million despite a slight increase in export volume.
China remained Vietnam’s largest export market, though shipments there declined 9.5% in the January-April period. Exports to India, Indonesia, South Korea, and Mexico posted strong growth.
