On May 8, the natural rubber market in the Shanghai region experienced high-level volatility. Shanghai rubber futures fluctuated within a high range; market transactions were driven primarily by immediate demand, and merchant offers edged slightly higher. Mainstream quotes for 2024-vintage "Yunbao" and "Guangkeng" brands were reported at 17,800–17,950 RMB/ton; 2024-vintage "Haibao" was quoted mainly at 17,850–18,050 RMB/ton; 2025-vintage "Haibao" at 18,000–18,200 RMB/ton; and Vietnam 3L at 17,950–18,150 RMB/ton.

Regarding the spot market, the Shanghai natural rubber market continued its high-level volatility on May 8. Merchant offers rose slightly, and the price ranges for various grades from different origins shifted upward. Market transactions remained centered on immediate demand, providing positive support for spot prices. In the futures market, the benchmark SHFE rubber contract (2609) closed on May 7 at 17,945 RMB/ton—an increase of 80 RMB/ton from the previous trading day. Open interest rose by 9,746 lots, indicating a strengthening market trend that provided support for futures prices.

SunSirs has been continuously tracking price data for over 200 commodities for nearly 20 years, please contact support@sunsirs.com for subscription.