Helixtap Analysis: Yuan And Yen Depreciating Against The USD Suggests International Grades Are Less Attractive Than Before

Since the preceding article in early April, both the Indo and Thai cup lump recorded an increase in price spreads over African cup lump (using APROMAC reference prices). Out of the 3 regions, market intelligence back in mid-May suggested Africa started to see cup lump supply return to normal levels. In contrast, cup lump supply in Indonesia and Thailand was disrupted for a prolonged period of time due to harsh weather conditions, cycling between heavy rains and dry, hot weather. African producer