bullish
Indo Rubber Diverted To China As Arbitrage Window Widens
3 Views17 Nov 2022 18:57
The widening spread between Thai and Indo rubber has reopened the arbitrage economics between Indonesia and China. As a result, despite the limited movement of Indonesian rubber into the Chinese market traditionally, a few delayed cargoes have been diverted to China, leading to a 13% rise in exports in September 2022 compared to August.
What is covered in the Full Insight:
- Introduction
- Arbitrage Trend Between Thailand and Indonesia
- Impact on Indonesian Rubber Exports
- Global Demand and Market Uncertainties
- Conclusion
SUMMARY
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