by whatnextrubber | Nov 26, 2023 | Market Insights by Jom Jacob, Price outlook
Natural rubber (NR) market foresees a potential tight supply emerging globally by the end of the first quarter of 2024. The trends up to October point to a massive fall in production in major producing countries for the full year 2023. The production in Thailand, the...
by whatnextrubber | Oct 14, 2023 | Market Insights by Jom Jacob, Supply uncertainty looms
Natural rubber (NR) prices soared 10-15% in key Southeast Asian physical and futures markets between end-August and mid-October. Please see the attached table showing the percentage increase for different forms of NR in key markets. Charts of daily futures contract...
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...
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...
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...
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...
