THE DATAGRO officially launched, this Monday (30), the GEB-10 Rubber IndicatorThis is a new daily price reference for the Brazilian natural rubber market. The initiative arises in a context of growing relevance of the commodity in global supply chains, driven by the expansion of its demand in various industrial segments. With a structured and exclusive methodology that combines international quotations, exchange rates, and logistics costs, the indicator seeks to faithfully represent the effective conditions of price formation. The proposal is to offer a reading more aligned with the fundamentals of global supply and demand, with daily updates of quotations, which will be published on [website/platform name]. Official Instagram, in R$/kg of rubber. In addition, the monthly and bimonthly averages will also be published. The expectation of DATAGRO The idea is that, in an increasingly dynamic environment, the indicator will contribute to more assertive decisions by producers, industries, and other market players.

The methodology combines global and domestic factors.

The indicator's construction takes into account a series of components that reflect both the international scenario and the reality of the Brazilian market. Among the main elements that compose it are:

  • Daily price of the TSR20 front-month contract on the Singapore Stock Exchange.
  • Official exchange rate (PTAX/Buy),
  • International insurance and sea freight costs
  • Import tax rate of 10.8%

In addition, the calculation incorporates secondary components, such as the Merchant Marine Renewal Fee (25%) and port expenses, such as stevedoring, handling and dispatch.

Key Features of the DATAGRO Indicator

According to the consulting firm, the new indicator presents significant differences compared to other existing benchmarks in the market, such as:

  • Exclusion of recoverable taxes (PIS/COFINS) from price formation.
  • Use of a public international freight index, broadening alignment with the global scenario.
  • Daily updates, allowing for trading across different time horizons.

This text was translated by machine from Brazilian Portuguese.