bearish
Helixtap Physical Rubber Margins And Intra Regional Spreads Analysis: Thai Producers Selling At Prices Close To Negative Margins Due To Competition With Indo Rubber
3 Views08 Sep 2022 17:07
The past two months from mid-July to early September this year saw the Helixtap STR20 price spread over Thai Raw Materials decline towards US$219/mt in late August. Earlier in June, the same spread was at the highest weekly value of US$491/mt since September last year. With that drop, Thai producers have been approaching margins that are close to incurring losses despite a stronger US dollar cushioning some of this impact. As of early September, the average factory costs are 7-8THB/kg for proces
What is covered in the Full Insight:
- Introduction
- Thai Producers' Margins
- Indonesian Market Challenges
- Intra-Regional Price Spreads
- Conclusion
SUMMARY
(Sign Up to Access)Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 5-minute read)
Discussions
(Paid Plans Only)
Rising
Helixtap
Global Commodities Alternative Data and Insights
Price Chart(Sign Up to Access)
- Loading...
x