bearish
Helixtap China Report: Gap Between Domestic & International Cargo Widens; Uncertainty Around Chinese Demand Revival
1 View09 Feb 2024 10:14
Prices spread between INE and international cargoes widened up in January because of a lack of raw materials and a drop in the value of the Chinese yuan. Buyers opted to buy from warehouse stock or in Chinese yuan, with ample African rubber stock priced at par with Shanghai futures exchange levels.
What is covered in the Full Insight:
- Introduction
- Price Parity Issues
- Import and Export Trends
- Inventory Levels and Supply Conditions
- Anticipation around Chinese Demand Revival
SUMMARY
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