Global Commodities Alternative Data and Insights

Helixtap

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

Head of Content, Data & Research, Helixtap

Arusha Das

Head of Content, Data & Research

Commodities

<ul><li>As extended lockdowns in China show no sign of abating soon, the inland-logistics jitters continue to grow, gridlocking the transportation in the country with a ripple effect on the spot rubber demand and prices.  With the long-distance truck drivers being forced to undergo rigorous testing and quarantine requirements to make deliveries, these bottlenecks are adding to the freight costs leading to longer waiting times. According to market sources, inland transportation and documentation are the major struggles for the Chinese market.</li><li>“The problems mainly come from inland cross-province transportation and document processing.</li><li>All the traders in Shanghai work from home for 20 days, so their file processing speed is very slow, which is now taking around 15-20 days,” said a market source.</li></ul>

As extended lockdowns in China show no sign of abating soon, the inland-logistics jitters continue to grow, gridlocking the transportation in the country with a ripple effect on the spot rubber demand and prices.  With the long-distance truck drivers being forced to undergo rigorous testing and quarantine requirements to make deliveries, these bottlenecks are adding to the freight costs leading to longer waiting times. According to market sources, inland transportation and documentation are the major struggles for the Chinese market.“The problems mainly come from inland cross-province transportation and document processing.All the traders in Shanghai work from home for 20 days, so their file processing speed is very slow, which is now taking around 15-20 days,” said a market source.

Rubber Supply Chain Jitters Grow With China’s “Zero-Covid” Policy

SGX Rubber Future TSR20

Rubber Supply Chain Jitters Grow With China’s “Zero-Covid” Policy