bullish

Rising Concerns Around The Red Seas Transit

3 Views06 Feb 2024 10:51
The heightened tension in the Red Seas has reintroduced volatility in the rubber sector, which was initially projected to have a less turbulent year. With rising supply risk, consumers could face tightness as supply chains adjust to the longer route. Meanwhile, owing to some other weather-related disruptions in parts of Asia, rubber prices could be more susceptible to a hike than expected.
What is covered in the Full Insight:
  • Introduction
  • Impact of Red Sea Tensions on Rubber Market
  • Freight Rate Increases
  • Changes in Buying Strategy
  • Price and Market Outlook
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