Helixtap JPX Report Summary: Chinese Inventories Drawn Down From Highest Weekly Levels Due To Weak Yuan

Rubber prices in the physical and futures markets declined in the past week ended 25 November this year. Chinese Covid policies were last eased in mid-November, changing quarantine measures. With a recent rise in cases, cities like Beijing implemented new testing requirements while Shanghai imposed movement restrictions for new arrivals into the city. In Chengdu, mass testing was also announced, mandating a compulsory test each day for five consecutive days. Consequently, protests emerged over l