# Osaka Exchange (OSE / JPX): derivatives exchange in Osaka

> Osaka Exchange is part of Japan Exchange Group and operates a derivatives market. Osaka, Japan · Japanese derivatives market for rubber and selected…

Source: https://husfarm.com/exchanges/osaka-exchange-ose-jpx/

**AGR-022 · Derivatives exchange** · Osaka, Japan · JPY
Japanese derivatives market for rubber and selected agricultural commodities
Osaka Exchange is part of Japan Exchange Group and operates a derivatives market. Its agriculture-related range includes natural rubber, soybeans, corn and azuki beans. Rubber is a plantation commodity used by industry, so it belongs in a broad agricultural exchange directory even though it is not food. The JPX product list identifies contract families, but inclusion in that list does not demonstrate equally active trading across them. A processor should evaluate the relevant contract rather than the size of the exchange's unrelated financial markets.
RSS3 and TSR20 identify different rubber standards. Their prices should not be compared without checking grade, unit, delivery location and contract month. Shanghai Natural Rubber was added in 2025, expanding the available reference instruments. JPX reports support analysis of individual expiries, but daily, session and settlement observations serve different purposes. Retain the original symbol and trading date when exporting data, particularly where overnight trading is involved. A market's city and the location of a deliverable warehouse are separate pieces of information.
A rubber buyer supplying a factory should check whether the futures delivery arrangements fit the procurement chain. RSS3 provides for physical settlement through specified warehouses and has a contract unit of 5,000 kg. Buying a contract does not arrange collection and onward freight to the factory. Before trading, confirm broker support for that product, margin requirements, carrying costs and any delivery restrictions applying to the account. The contractual standard should also be compared with the factory's actual technical requirements rather than assumed to be a perfect substitute.
A seller must establish whether its material meets the required standard and can be delivered at an eligible location. If the aim is only price protection, compare movements in local selling prices with the selected futures price. For an importer outside Japan, yen exposure is a separate part of the calculation. Contract size says nothing about order-book depth: examine turnover, open interest and the bid–offer spread before placing a substantial order. An untraded quote or an old last-trade price may be a weak basis for valuing a current shipment. Record freight, storage and currency assumptions alongside the exchange price so that a procurement decision can be reconstructed later.
What is priced: [Grains, oilseeds and pulses](https://husfarm.com/exchanges/category/grains/), [Coffee, cocoa, tea, sugar, cotton, rubber and spices](https://husfarm.com/exchanges/category/softs/)

## Where to find the prices

- [RSS3 rubber; TSR20 rubber; Shanghai Natural Rubber; soybeans; Azuki beans; Corn](https://www.jpx.co.jp/english/derivatives/market-report/index.html) (Web page, Free)

## Products and quotations

RSS3 rubber; TSR20 rubber; Shanghai Natural Rubber; Soybeans; Azuki beans; Corn

## Key figures

- RSS3 contract size: 5,000 kg (Specification checked 27 Oct 2026). One contract and delivery unit.
- Shanghai Natural Rubber first-day volume: 322 contracts (26). 05.2025. September 2025 expiry; not OSE annual activity.

## Sources

- [JPX — products](https://www.jpx.co.jp/english/derivatives/products/)
- [JPX — RSS3 specifications](https://www.jpx.co.jp/english/derivatives/products/rubber/rss3-rubber-futures/01.html)
- [JPX — contract launch](https://www.jpx.co.jp/english/news/2040/20250526-01.html)
- [JPX — reports](https://www.jpx.co.jp/english/derivatives/market-report/index.html)
[All agricultural exchanges, markets and price sources](https://husfarm.com/exchanges/)

---
Husfarm: https://husfarm.com/ · Site guide for agents: https://husfarm.com/llms.txt