Global Commodities Alternative Data and Insights

Helixtap

Helixtap collects, processes and distributes proprietary data, analyses and forecasts for the rubber, latex and automotive markets

CEO, Helixtap

Farah Miller

Commodities

<ul><li>ASEAN reliant US rubber buyers are witnessing a setback as an aftermath of the ongoing Russia and Ukraine conflict.</li><li>The supply chain disruptions, compounded by shipping container shortages, have thrown the end-users of natural rubber, especially the tire manufacturers, into a tailspin. With about 90% of natural rubber production in Southeast Asia, container shortages and clogged ports have made shipping raw material to the US difficult.</li><li>The US imported US$6.35 billion worth of plastic and rubber products in January, up by around 2% in December 2021, as per industry reports. With Russian forces cutting off shipping routes, logistics firms call off services while the air freight rates shot up.</li></ul>

ASEAN reliant US rubber buyers are witnessing a setback as an aftermath of the ongoing Russia and Ukraine conflict.The supply chain disruptions, compounded by shipping container shortages, have thrown the end-users of natural rubber, especially the tire manufacturers, into a tailspin. With about 90% of natural rubber production in Southeast Asia, container shortages and clogged ports have made shipping raw material to the US difficult.The US imported US$6.35 billion worth of plastic and rubber products in January, up by around 2% in December 2021, as per industry reports. With Russian forces cutting off shipping routes, logistics firms call off services while the air freight rates shot up.

Rubber Future SGX TSR20

Supply Chain Woes Plague US Tire Makers