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Helixtap Rubber Market Outlook Report 2023: Global Rubber Prices To Remain Steady Or Trend Up Slightly
1 View01 Nov 2022 16:44
In our analysis, global nominal GDP is used as a proxy for demand in the rubber market. Apart from the year 2018, prices in the physical rubber market, as represented by Helixtap STR20 and SIR20 and the SICOM TSR20 Position 1 Futures were observed to move in the same direction as global GDP. Based on historical data, it is likely that global GDP growth will indicate the price direction for global rubber prices.
What is covered in the Full Insight:
- Introduction
- Economic Outlook for Key Regions
- Rubber Prices Trends and Historical Data
- Tyre and Vehicle Markets
- Conclusion
SUMMARY
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