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With the global economy dealing with a series of unprecedented set backs, predictive analytics or forecasting comes in handy to assess and plan for the future. Forecasting models become important for long-term trends, allowing firms to plan their cash flows and take long-term positions. The rubber market needs to develop financial instruments, such as derivatives and options, for the proper hedging of open positions, as well as for creating greater liquidity.
With the global economy dealing with a series of unprecedented set backs, predictive analytics or forecasting comes in handy to assess and plan for the future. Forecasting models become important for long-term trends, allowing firms to plan their cash flows and take long-term positions. The rubber market needs to develop financial instruments, such as derivatives and options, for the proper hedging of open positions, as well as for creating greater liquidity.