Helixtap JPX Report Summary: A Slide In Rubber Prices Contrary To Expectations post-Chinese Golden Week

An increase in speculative selling was observed in the futures market for rubber in the past week, with prices across the board falling throughout the exchanges. The price behaviour in the past week is shown to be in contrast to the slight bump in prices after the Chinese holidays in previous years. Prices retraced most of the gains made in OSE over the last week, and fell lower than the fortnight before in SHFE/INE and in SGX. Reports of heavy rain and floods in rubber-producing regions did not