bearish
China Jamming Breaks On Spot Rubber Buying
3 Views10 Mar 2023 14:40
China's interest in overseas cargoes is likely curtailed by a lack of pick up in domestic demand and rising stock level, posing a challenge to rubber demand recovery. In addition, the widening spread between prices for TSR 20 from the primary rubber sources and domestic rubber has reduced the price parity for overseas cargoes.
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