Quote:
Originally Posted by
OhOh
Quote:
Originally Posted by jamescollister
stocks in the warehouses. are low
But more than enough for planned requirements, yes?
That's a big question, Chinese companies where borrowing money, using assets of rubber, copper, aluminium, held in bonded warehouses.
Turns out, some warehouses are empty, so the stocks may not be there.
Big tire makers have used the low prices to build up stock, but rubber is bought on the futures market, months in advance, so it's a guessing game on supply, enough, too much or too little.
Every alleged expert has a different opinion, Bloomberg's says plenty, world rubber group says not enough, toss a coin.