bearish
Narrow Margins Are Back, But Will Producers Slow Their Output?
3 Views08 Sep 2023 17:17
2023 has been a tumultuous year for the rubber market. Early this year, prices surged over 3% -4 % and possibly bottomed out this August, settling between US $ 1200-US $ 1300/mt level. Although we have seen a modest rebound in prices earlier in the year, many producers are operating close to or even below breakeven costs, and still, rubber production and inventory levels are high.
What is covered in the Full Insight:
- Introduction
- Rubber Market Overview
- Regional Analysis
- Market Impact Factors
- Future Outlook
SUMMARY
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