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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...
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