bearish
Glut In Spot Market, Producers Struggle To Find Floor
3 Views19 Aug 2022 19:36
Spot rubber market sentiments rapidly turned sour after a tire major's pullback from the long-term contract flooding the market with offers. Meanwhile, producers struggled to find a floor to the prices as they liquidated volume even at a loss.
What is covered in the Full Insight:
- Introduction
- Impact on Indonesian Rubber Prices
- Thai Rubber Market Dynamics
- African Rubber in the European Market
- Chinese Market Sentiments
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