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
SUMMARY
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