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South Korea's production to return after the end of the labor strike | Malaysia's April natural Rubber Output falls

Jun 16, 2022

- South Korea's production to return after the end of the
labor strike- Malaysia's April natural Rubber Output falls



Asian butadiene was stable on June 15,
despite fewer price negotiations and volatile upstream markets. There was also
uncertainty about South Korea's production status. August ICE Brent futures
fell $2.02-3.50/barrel and will be valued at $121.24-140.50/b June 15. Market participants also monitor South Korean butadiene
production. After a seven-day strike by
Korea's truckers unionized, the government reached an agreement in late June 14
with the union. This allowed operations to resume normal across all commodity
sectors. Sources say that a deal was
reached between the Cargo Truckers Solidarity union and the Ministry of Land,
Infrastructure, and Transport. According
to data, China's local market was deemed stable on a day-to-day basis at Yuan
11,000-11,500/mt (June 15) or...

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