Head of Content, Data & Research, Helixtap

Arusha Das

Head of Content, Data & Research

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>Cheaper in-warehouse stock widened the gap between international rubber and domestic rubber prices, slowing the inflow of African rubber into China.    With the demand situation essentially unchanged, a bleak outlook is weighing on the market sentiment, and any recovery in Chinese demand is unlikely before the end of Q3 or early Q4.</li><li>     The gap between INE prices and African TSR 10, excluding the customs duties, was at (-) US$106/mt as of August 04, 2023.</li><li>There is ample stock at the warehouses, which is offered below US$1200/mt, limiting interest for fresh bookings.</li></ul>

Cheaper in-warehouse stock widened the gap between international rubber and domestic rubber prices, slowing the inflow of African rubber into China.    With the demand situation essentially unchanged, a bleak outlook is weighing on the market sentiment, and any recovery in Chinese demand is unlikely before the end of Q3 or early Q4.     The gap between INE prices and African TSR 10, excluding the customs duties, was at (-) US$106/mt as of August 04, 2023.There is ample stock at the warehouses, which is offered below US$1200/mt, limiting interest for fresh bookings.

Helixtap China Report: Slowdown In African Rubber Inflow Despite Price Correction

CEO, Helixtap

Farah Miller

<ul><li>Producers lower production amid price pressure </li><li>Imports worth US$ 1 billion filled demand gap in 2021-2022</li><li>Rubber board optimistic about long-term demand surge </li></ul>

Producers lower production amid price pressure Imports worth US$ 1 billion filled demand gap in 2021-2022Rubber board optimistic about long-term demand surge 

Imports Push Prices Further Down; Farmers Agitated

Australia

Gale Pacific Limited manufactures outdoor knitted polymer fabric products used for commercial and household use.  The Company's fabric is used for products that protect humans and plants from the sun, pool covers and liners tarpaulins for agricultural and industrial use.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Gale Pacific (GAP AU)

Helixtap China Report: Slowdown In African Rubber Inflow Despite Price Correction

Cheaper in-warehouse stock widened the gap between international rubber and domestic rubber prices, slowing the inflow of African rubber into China.

Helixtap

Imports Push Prices Further Down; Farmers Agitated

The rise of imports into India amid southbound prices has started to impact the Indian rubber producers as they lower production to curtail losses.

Helixtap

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)