Physical Rubber Prices Likely Impacted By Changes In Chinese Inventory Data

This article seeks to examine the relationship between physical rubber prices and warehouse inventory data from China. Most market participants in the rubber supply chain do not publicly disclose their inventory levels for competitive reasons. As such, warehouse inventory data from China, specifically the Chinese Shanghai Futures Exchange (SHFE) and Shanghai International Energy Exchange (INE), might be the only publicly available data on inventory levels in the global rubber market. Inventory l