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October 2024 Price Signals: Multiple Year Highs And EUDR-phoria Could Be Curtailed In Q4 2024
327 Views18 Oct 2024 10:00
In the months of September leading up to mid-October 2024, the short-term 20-day moving average (MA) remained elevated, indicating strong price momentum in the rubber markets. This sustained high suggests that the market is still reacting to supply constraints and raw material shortages despite seasonal expectations.
What is covered in the Full Insight:
- Introduction to October 2024 Price Trends
- Short-Term Moving Averages and Market Momentum
- SIR20 and STR20: Diverging Market Dynamics
- Impact of Currency Movements on Rubber Prices
- Forward Curve Analysis and Future Expectations
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