Standard Malaysian Rubber (SMR) 20 prices trended downwards by approximately 7.6pc for the first two weeks in May 2022, as per Helixtap data. Market intelligence data collected by Helixtap suggests that the SMR 20 price in the middle of the month was around USD$1,675/t, the lowest since the start of this year. Such a trend was largely due to a drop in demand from China after lockdowns were announced in Shanghai due to their zero Covid policy.
What is covered in the Full Insight:
Introduction
SMR 20 Price Trends
Trade and Production Data
Impact of Border Reopening
Future Outlook
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.