Head of Research, Krungthai XSpring

Waraporn Wiboonkanarak

Head of Research

A full service Thai brokerage

Krungthai XSpring

Krungthai XSpring is a full service broker. The company provides a wide range of investment services such as Securities Brokerage, Derivative Agent Business, Securities Borrowing and Lending, Securities Trading, Underwriting, Financial Advisory, Wealth Advisory, Private Fund Management and International Markets Securities Trading. 

In terms of credibility, Fitch Ratings has assigned Krunghtai XSpring a long-term rating of AA- and a national short-term rating of F1+ with stable outlook.

Cross Asset Strategy

<ul><li>Technically, the SET Index is expected to weaken, with support at 1,262/1,252 points and resistance at 1,280/1,285 points.</li><li>As for the investment strategy, we recommend Selective Buy, but for entry timing, investors should wait for a buy signal.</li><li>Our recommended stocks are KKP, MTC, and CPALL.</li></ul>

Technically, the SET Index is expected to weaken, with support at 1,262/1,252 points and resistance at 1,280/1,285 points.As for the investment strategy, we recommend Selective Buy, but for entry timing, investors should wait for a buy signal.Our recommended stocks are KKP, MTC, and CPALL.

CEO, Helixtap

Farah Miller

Global Commodities Alternative Data and Insights

Helixtap

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

Commodities

<ul><li>Tire production volumes are declining</li><li>Major tire manufacturers are closing/withdrawing from the Chinese truck tire market</li><li>Emerging competitors are expanding capacity, challenging established suppliers </li></ul>

Tire production volumes are decliningMajor tire manufacturers are closing/withdrawing from the Chinese truck tire marketEmerging competitors are expanding capacity, challenging established suppliers 

Suppliers Suffer As Top Brands Make Fewer Tires

Rubber News Specialist, Helixtap

Vinod Nedumudy

Rubber News Specialist

<ul><li>FY 2024-25 H1 witnesses 12% YoY growth in tire exports value </li><li>Motorcycle tire exports volume up by 37%; Columbia largest importer </li><li>Bridgestone to invest US$85 million for India expansion </li></ul>

FY 2024-25 H1 witnesses 12% YoY growth in tire exports value Motorcycle tire exports volume up by 37%; Columbia largest importer Bridgestone to invest US$85 million for India expansion 

India's Tire Exports Surge Amid R&D, Manufacturing Boost

<ul><li>Bridgestone imports from Thailand face highest ADD of 48.39%</li><li>Prinx Chengshan and others assigned duty of 12.33%</li><li>Bridgestone Americas receives DOE grant to make sustainable SR</li></ul>

Bridgestone imports from Thailand face highest ADD of 48.39%Prinx Chengshan and others assigned duty of 12.33%Bridgestone Americas receives DOE grant to make sustainable SR

US Hikes Duties On TBR Tire Imports From Thailand

<ul><li>ENSO to set up carbon-neutral tire production unit for US$500 million  </li><li>New US legislative proposal to propel tire retreading  </li><li>Lower farm tire demand forces Bridgestone Americas to trim workforce</li></ul>

ENSO to set up carbon-neutral tire production unit for US$500 million  New US legislative proposal to propel tire retreading  Lower farm tire demand forces Bridgestone Americas to trim workforce

US Tire Industry Getting Greener With Twin Initiatives

Japan

BRIDGESTONE CORPORATION designs, produces, and sells automobile tires. The Company also produces and markets scales to weigh racing cars and jumbo aircrafts and sporting goods including golf equipment, tennis rackets, and bicycles.  Bridgestone operates its businesses worldwide.

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Bridgestone Corp (5108 JP)

Weekly Strategy & Thai GDP Growth

Technically, the SET Index is expected to weaken, with support at 1,262/1,252 points and resistance at 1,280/1,285 points. As for the investment...

Krungthai XSpring

Suppliers Suffer As Top Brands Make Fewer Tires

One of the most persistent requests to our team here at Tire Industry Research is to provide data on the actual production volumes of tire makers....

Helixtap

India's Tire Exports Surge Amid R&D, Manufacturing Boost

India's tire exports have witnessed a remarkable 11.7% year-on-year growth during the first half (April-September) of FY 2024-25, reaching INR...

Helixtap

US Hikes Duties On TBR Tire Imports From Thailand

The United States Department of Commerce has announced a significant increase in duties on truck and bus tire (TBR) imports from Thailand. The...

Helixtap

US Tire Industry Getting Greener With Twin Initiatives

UK-based tire company ENSO, which makes eco-friendly tires, chiefly for electric vehicles, has unveiled plans to set up a carbon-neutral factory in...

Helixtap

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