The natural rubber sector is in unchartered waters. The rubber market is poised to stage a cyclical and structural price recovery. This feast-to-famine price cycle is the result of a futures market that doesn’t understand fundamentals anymore.
For those in the know, there has never been a more pressing time to act: we need to decouple physical rubber prices from the vagaries of the futures market. “I hope that producers and consumers start to realise this, and that the GPSNR forum develops the chutzpah to launch an inquiry into alternative pricing models. The time to act is now.”
Robert Meyer, CEO of Corrie MacColl and Halcyon Agri, shares his Situation Report.