Head of Content, Data & Research, Helixtap

Arusha Das

Head of Content, Data & Research

Global Commodities Alternative Data and Insights

Helixtap

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

Commodities

SGX Technically Specified Rubber 20 (TSR20) Futures: Effective from 16th May 2011, this contract will be migrated from SICOM platform to the SGX-DT platform. It will cease trading on SICOM at the close of business day Friday, 13th May 2011. Trading hours are revised as 7.55am to 6.00pm (no lunch break). Please refer to SGX products website for the new revised contract specifications. Exchange symbol: TF. Product Specifications: https://www2.sgx.com/derivatives/products/sicom-rubber?cc=TF

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Persistent rainfall across Thailand and reported raw material shortages in Vietnam continue to disrupt tapping and constrain availability, while El Niño raises the risk of further production losses during the critical October–November period.
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Physical fundamentals are firm, but speculative activity is amplifying the rally.
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Buyers are becoming increasingly cautious as they are hesitant to chase the rapid rally widening bid-offer gaps and reducing liquidity despite firm producer expectations.
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Near-term outlook remains bullish but vulnerable to correction
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Persistent rainfall across Thailand and reported raw material shortages in Vietnam continue to disrupt tapping and constrain availability, while El Niño raises the risk of further production losses during the critical October–November period.


Physical fundamentals are firm, but speculative activity is amplifying the rally.


Buyers are becoming increasingly cautious as they are hesitant to chase the rapid rally widening bid-offer gaps and reducing liquidity despite firm producer expectations.


Near-term outlook remains bullish but vulnerable to correction



Supply Squeeze Meets Speculative Momentum as Rubber Prices Accelerate

Highlights
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Rubber prices are expected to stay firm but volatile, supported mainly by supply tightness.
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Demand has recovered from post-holiday lows and tire exports are resilient, but buyers remain cautious.
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Inventory and trade data show heavy but manageable stocks and softer imports
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Highlights


Rubber prices are expected to stay firm but volatile, supported mainly by supply tightness.


Demand has recovered from post-holiday lows and tire exports are resilient, but buyers remain cautious.


Inventory and trade data show heavy but manageable stocks and softer imports



Helixtap China Report: China Rubber Market Holds Firm as Costs & Trade Patterns Reshape Outlook

OSE Rubber Future Contract RSS3 / Commodities

Rubber Future Contract. Standard: Ribbed Smoked Sheet (RSS) No.3. Deliverable Grades: RSS No.3 or 4 of International Standard Specifications, deliverable within a year of date of customs clearance. Product Specifications: https://www.jpx.co.jp/english/derivatives/products/rubber/rss3-rubber-futures/01.html

OSE Rubber Future Contract RSS3 (JNA COMDTY)

Highlights

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Seasonal production constraints and delayed post-rain recovery could support early-2026 prices.
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OSE and SHFE rubber futures movements showed futures prices staying elevated longer with some parts of Thailand experiencing wintering. 
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As the futures prices may react quickly to oil prices and other commodities prices, there could be arbitrage opportunities especially when looking at warehouse or delivery statistics which could be a proxy for demand or stockpiling.
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Front-month expected to be strong on weather-arb flows; capped by China inventory, African-substitution.
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The US-Israel-Iran war has increased volatility in the oil markets especially with supply disruption being impacted with limited flow of vessels through the Straits of Hormuz. Oil linked products including synthetic rubber and also natural rubber would have some dislocations too. 
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Highlights



Seasonal production constraints and delayed post-rain recovery could support early-2026 prices.


OSE and SHFE rubber futures movements showed futures prices staying elevated longer with some parts of Thailand experiencing wintering. 


As the futures prices may react quickly to oil prices and other commodities prices, there could be arbitrage opportunities especially when looking at warehouse or delivery statistics which could be a proxy for demand or stockpiling.


Front-month expected to be strong on weather-arb flows; capped by China inventory, African-substitution.


The US-Israel-Iran war has increased volatility in the oil markets especially with supply disruption being impacted with limited flow of vessels through the Straits of Hormuz. Oil linked products including synthetic rubber and also natural rubber would have some dislocations too. 



Weather Tightness, Elevated Futures, and Macro Volatility Shaping Rubber Trading Opportunities on the OSE

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High overall inventories capped sentiment, falling exchange stocks kept nearby prices supported.
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Prices rose mainly on raw material tightness and freight-risk premiums, not demand recovery.
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China’s sourcing is diversifying toward African and Indonesian rubber
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High overall inventories capped sentiment, falling exchange stocks kept nearby prices supported.


Prices rose mainly on raw material tightness and freight-risk premiums, not demand recovery.


China’s sourcing is diversifying toward African and Indonesian rubber



Helixtap China Report: China Rubber Market Firm, High Stocks and Cautious Buying Cap Upside

Highlights
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Paper-led strength in rubber prices resulted in narrowing of arbitrage 
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Earlier maintenance shutdown in some Chinese tiremakers weighing on sentiment 
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Inventory level for NR and TSR saw improvement over the month 
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Highlights


Paper-led strength in rubber prices resulted in narrowing of arbitrage 


Earlier maintenance shutdown in some Chinese tiremakers weighing on sentiment 


Inventory level for NR and TSR saw improvement over the month 



Helixtap China Report: Spreads Compress as China Restocks Ahead of CNY, Post-Holiday Risks

Arusha, currently based in Kuala Lumpur, is a market intelligence professional with 13 years plus hands-on experience tracking various markets. 
Arusha specializes in producing disciplined market research and short to medium-term market intelligence outlooks. 
Associated with some key brands like Tata Steel, Steel Authority of India, and S&P Global Platts, she has been tracking markets like China, Australia, Indonesia, India, ASEAN countries, South Africa, Russia, Korea, Taiwan, Russia, USA, Mozambique, and Colombia.