Japanese rubber futures post a 4.4% weekly gain, the best in five months, as strong tire and synthetic rubber production in China boosts demand expectations.

智通财经2026/08/21 09:01

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Osaka Exchange rubber futures closed slightly higher on Friday, up 0.6 yen to 439 yen, recording a 4.4% gain for the week—its largest weekly rise since the week ending April 3, ending the previous week's downward trend.
Data from China’s National Bureau of Statistics shows that in July, rubber tire production rose 8.1% year-on-year to 102.66 million units. Over the same period, synthetic rubber output grew 7.6% to 792,000 tons. From January to July, cumulative production reached 5.43 million tons, up 6.5% year-on-year, signaling positive momentum in downstream demand.
Shanghai Futures Exchange January contract rose 150 yuan to 18,500 yuan; the main butadiene rubber contract also closed up 100 yuan to 14,625 yuan, supported by robust demand from China and persistently high oil prices.
Crude oil prices are set to register a second consecutive weekly rise, as the ongoing US-Iran conflict continues to disrupt supply from the Middle East. Rubber and synthetic rubber compete for market share, so strong oil prices indirectly benefit natural rubber prices.
On the Singapore SICOM platform, the most recent November contract is quoted at 229.3 US cents per kilogram, up about 0.7% intraday. Overall, major Asian rubber markets showed a synchronized upward trend this week.

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Japanese rubber futures post a 4.4% weekly gain, the best in five months, as strong tire and synthetic rubber production in China boosts demand expectations.

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