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Thailand’s rubber output this year seen jumping 11.7% to 5.4 million tons

Thailand’s rubber output this year seen jumping 11.7% to 5.4 million tons

by whatnextrubber | Oct 8, 2022 | Market Insights by Jom Jacob

Exports Jan-Aug zoom 10.3% to 3.034 million tons Natural rubber (NR) production this year in the world’s largest producing country, Thailand, is poised to leap 11.7% to 5.4 million tons, according to an estimate based on the exports up August.   Thailand which...
China’s rubber imports jumped 14.5% to 464,000 tons in August. Jan-Aug imports are up 8.9% at 3.55 million tons

China’s rubber imports jumped 14.5% to 464,000 tons in August. Jan-Aug imports are up 8.9% at 3.55 million tons

by whatnextrubber | Sep 23, 2022 | Market Insights by Jom Jacob

China posted a 14.5% jump in the quantity of natural rubber (Including mixture and compounds) imported into the country during August 2022 compared with the same month a year ago. Please have a look at the quantity of different forms of NR imported during the month of...
As rubber futures sustain momentum on Shanghai, what do they convey between lines?

As rubber futures sustain momentum on Shanghai, what do they convey between lines?

by whatnextrubber | Sep 22, 2022 | Market Insights by Jom Jacob

A combination of factors is keeping sentiment down in natural rubber physical markets across Asia. The SICOM TSR20 is often considered as a close reflective of the sentiment in physical markets. The TSR20 contract for Dec 2022 expiration was traded 0.1% lower at...
Rubber gains on new hopes as China braces for 20th Party Congress

Rubber gains on new hopes as China braces for 20th Party Congress

by whatnextrubber | Sep 20, 2022 | Market Insights by Jom Jacob

SHFE (Jan 2023): Closed at 13,135 yuan (+180 yuan, or 1.3%) SICOM TSR20 (Dec 2022): Closed at US$132.4 (+2.0 dollar, or 1.5%) JPX OSK RSS3 (Feb 2023): Settled at 227.5 yen (+3.6 yen or 1.6%) Despite the concern over an extremely aggressive policy tightening and rate...
Rubber Futures Manifest Fed’s Jumbo Rate Hike Concern

Rubber Futures Manifest Fed’s Jumbo Rate Hike Concern

by whatnextrubber | Sep 19, 2022 | Market Insights by Jom Jacob

*SHFE Jan 2023: Closed 0.7% down *SICOM TSR20 Dec 2021: Down 0.5% at 3.07 PM Natural rubber futures contracts (Jan 2023 expiration) closed today’s (Sep 19, Monday) daytime trading on the Shanghai Futures Exchange at 12,885 yuan (Down 100 yuan or 0.7%) and the...
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