bearish
Ripple Effect Of Rising Federal Funds Rates Detrimental To Rubber Market Prices
3 Views09 Mar 2023 10:55
The spot rubber market sentiment remains passive, with scant buying interest from rubber manufacturers. Market intelligence indicates there being weak demand despite plenty offers in the market. A producer source repeated the sentiment that buyer demand was very few and far between. Another market contact also echoed this sentiment as no physical sales were done for the past week. A trader source offered African rubber at par value to SICOM, yet no interest was seen. Such trends further imply th
What is covered in the Full Insight:
- Introduction
- Market Sentiment and Buying Activity
- Price Differentials and Spread Analysis
- Impact of Federal Reserve Policies on Rubber Prices
- Conclusion and Market Outlook
SUMMARY
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