The Squeeze on Global Rubber Supplies

摘要

Extreme weather across the globe this year, from drought conditions in Russia and Ukraine to flooding in Pakistan and Canada, is lighting a fire under commodity prices. Wheat prices have spiked since June, while corn rallied to a 23-month high, coffee reached a 13-year peak, and cotton advanced to its most expensive levels since 1995. Now the price of rubber, a key industrial commodity, is taking off.