Rubber sector – Riding the next cycle
Posted: Sep 16, 2026
- We expect SVR10 to remain elevated through the end of this year and break out to USD 2.8–3.0/kg in 2027 as extreme weather conditions could exacerbate supply shortages;
- 2026 net profit (NP) of rubber companies is expected to increase by 92% yoy, driven by elevated rubber prices and land compensation. In 2027, NP is forecast to decline by 3% yoy due to a 36% yoy decline in land compensation income, while income from rubber latex and tree liquidation is expected to maintain growth of 6%/4% yoy, respectively;
- We recommend POSITIVE rating on the rubber sector and favor GVR, TRC, and PHR for 2H2026–2027.
Share:
Relevant reports
Don't have an MBS account?
Open an accountStart trading and stay informed with timely updates and valuable reports from MBS.
If you have an MBS account, please register to receive reports from MBS.
Get the latest market updates and corporate insights from MBS.