Helixtap JPX Report Summary: Price Dynamics See Possible Return To Positive Margin Territory For Producers

Last week, rubber prices in both futures and the physical rubber market saw an increment heading into the Lunar New Year. Since the last article, significant policy changes were observed from China. Border restrictions and zero-Covid policies were removed, resulting in positive market sentiment on rubber demand from the world’s largest rubber consumer. Due to holiday celebrations, trading across the exchanges is expected to be muted and resume from 30th January onward.