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50% Drop In Premiums For LTC, Changing Dynamics Increase Anticipation
19 Views27 Oct 2022 11:59
The annual long-term contract (LTC) premium for rubber is expected to see a 50% drop amid the bearish global market cues. Meanwhile, due to the volatility of spot markets, buyers are showing some preference for non-traditional sources. However, whether there will be a reduction or increase in contract volume is yet to be seen, especially with prices at a 2-years low.
What is covered in the Full Insight:
- Introduction to Market Dynamics
- Detailed Assessments of LTC Premiums
- Challenges Faced by Producers and Buyers
- Supply Chain and Market Outlook
- Future Expectations and Upcoming Catalysts
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