Global Commodities Alternative Data and Insights

Helixtap

Helixtap collects, processes and distributes proprietary data, analyses and forecasts for the rubber, latex and automotive markets

CEO, Helixtap

Farah Miller

Commodities

<ul><li>Navigating the rubber market: Today & Tomorrow (02 Sep 2022) Summary of the key points discussed at Helixtap Technologies Flash webinar on 30 August 2022. Points discussed: negative margins in Indonesia, LTC reduction and prices breaking support levels.</li><li>Is this the start of structural change? Today: A Recap of the Current State of Play  a) LTC pullback shook the market confidence  b) Tire maker claims excess inventory c) Tire production shutdowns The price pressure has proved to be anything but transient as the spot rubber prices slide back to the 2020 level.</li><li>What we are witnessing right now is a culmination of a series of black swan events and unprecedented setbacks.  However, the one that really shook the rubber market confidence was a major tire maker’s pull back from their long-term contracts (LTC), taking the spot prices to a 22-month low.   The widening spread between the long-term contract price level and the physical market price underlines the apparent disconnect. Tomorrow: Proceeding with Uncertainty Last week prices were (almost) in free fall in the rubber markets.</li></ul>

Navigating the rubber market: Today & Tomorrow (02 Sep 2022) Summary of the key points discussed at Helixtap Technologies Flash webinar on 30 August 2022. Points discussed: negative margins in Indonesia, LTC reduction and prices breaking support levels.Is this the start of structural change? Today: A Recap of the Current State of Play  a) LTC pullback shook the market confidence  b) Tire maker claims excess inventory c) Tire production shutdowns The price pressure has proved to be anything but transient as the spot rubber prices slide back to the 2020 level.What we are witnessing right now is a culmination of a series of black swan events and unprecedented setbacks.  However, the one that really shook the rubber market confidence was a major tire maker’s pull back from their long-term contracts (LTC), taking the spot prices to a 22-month low.   The widening spread between the long-term contract price level and the physical market price underlines the apparent disconnect. Tomorrow: Proceeding with Uncertainty Last week prices were (almost) in free fall in the rubber markets.

Navigating The Rubber Market: Today & Tomorrow

SGX Rubber Future TSR20

Navigating The Rubber Market: Today & Tomorrow