Prestige's Schenker Sees Tire Use and Demand Rising

The video discusses the significance of China's Caixin Manufacturing PMI as a leading indicator of global growth and its impact on commodity prices. It highlights the role of Chinese manufacturing data in predicting trends in commodities like coal, copper, and rubber. The analysis includes a focus on the rubber market, considering factors like car sales and tire demand. The video also addresses market overshoot and anticipates future trends in commodity prices.

What role does the PMI out of China play in understanding global growth?

How does the privately compiled data for manufacturing compare to GDP in terms of indicating Chinese growth?

What specific commodities were mentioned as having seen a price increase last year?

What factors could lead to a bearish outlook for commodities according to the discussion?

How does the demand for tires relate to the price of rubber and vehicle sales?