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Thai Raw Material Market Strength Likely To Wane By End May On Higher Supply Concerns
36 Views06 May 2024 17:15
The Thai government's optimism around Thai rubber prices found some support in extended hot weather in Thailand, which might delay the onset of the new season. Meanwhile, the market participants maintained a slightly bearish tone amid concerns of deteriorating fundamentals and the oversupply due to the upcoming peak season.
What is covered in the Full Insight:
- Introduction
- Weather Impact on Rubber Yields
- Market Prices and Auction Levels
- Short-term and Long-term Outlook
- Conclusion and Potential Risks
SUMMARY
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