Global Commodities Alternative Data and Insights

Helixtap

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

Head of Content, Data & Research, Helixtap

Arusha Das

Head of Content, Data & Research

Commodities

<ul><li>Singapore's sanction on Russia which does not include rubber or rubber-related items is likely to have a limited impact on the Asian rubber industry.</li><li>However, the recent extension of sanctions on Belarus has cautioned the sellers as they sought more clarity on the situation and the way forward, sources said Helixtap. The ongoing tension between Russia and Ukraine has taken the entire commodity market on a spin while it was on the path of recovery from the aftermath of a pandemic.</li><li>Worsening the situation, some US, UK, and Europe sanctions on Russia which was recently extended on Belarus have made the picture murkier. Following the lead, Singapore recently imposed rare unilateral sanctions on Russia after it invaded Ukraine.</li></ul>

Singapore's sanction on Russia which does not include rubber or rubber-related items is likely to have a limited impact on the Asian rubber industry.However, the recent extension of sanctions on Belarus has cautioned the sellers as they sought more clarity on the situation and the way forward, sources said Helixtap. The ongoing tension between Russia and Ukraine has taken the entire commodity market on a spin while it was on the path of recovery from the aftermath of a pandemic.Worsening the situation, some US, UK, and Europe sanctions on Russia which was recently extended on Belarus have made the picture murkier. Following the lead, Singapore recently imposed rare unilateral sanctions on Russia after it invaded Ukraine.

UPDATE: Asian Rubber Sees Limited Impact Of Singapore’s Sanction On Russia

Rubber Future SGX TSR20

UPDATE: Asian Rubber Sees Limited Impact Of Singapore’s Sanction On Russia