In our analysis, global nominal GDP is used as a proxy for demand in the rubber market. Apart from the year 2018, prices in the physical rubber market, as represented by Helixtap STR20 and SIR20 and the SICOM TSR20 Position 1 Futures were observed to move in the same direction as global GDP. Based on historical data, it is likely that global GDP growth will indicate the price direction for global rubber prices.