In the months of September leading up to mid-October 2024, the short-term 20-day moving average (MA) remained elevated, indicating strong price momentum in the rubber markets. This sustained high suggests that the market is still reacting to supply constraints and raw material shortages despite seasonal expectations.
What is covered in the Full Insight:
Introduction to October 2024 Price Trends
Short-Term Moving Averages and Market Momentum
SIR20 and STR20: Diverging Market Dynamics
Impact of Currency Movements on Rubber Prices
Forward Curve Analysis and Future Expectations
SUMMARY
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