Rebounding demand and rising costs result in styrene price shocks

In October, on the cost side, crude oil fluctuated strongly, and the supply and demand of pure benzene were in tight balance. Under the support of cost, it is expected that the price shock is strong, and the cost has strong support for styrene. On the supply side, unit restart is roughly equivalent to maintenance. Under the power restriction policy and conti

Source: China Rubber Web

2021/10/13

Rubber price shock continues, RRR cut comes again

On July 12, 2021, the main rubber contract price continued the shock trend of last week, near 13,300 in the day, and closed at 13,285 yuan/ton in night trading. Natural rubber currently lacks major support from the fundamentals, and stocks of natural rubber on the Shanghai Futures Exchange are priced at 188,158 yuan/ton, which continues to rise. Warehouse

Source: China Rubber Web

2021/07/14

Poor demand, natural rubber prices continue to fall to bottom

Last week, the price of rubber futures fell from 13000 yuan to 12735 yuan / ton at the end of the week, which ushered in the low point of 2021. According to yesterday's rubber market, the lowest price of rubber has reached 12560 yuan / ton. High tire inventory pressure Since June, the natural rubber market has continued its downward trend in May, m

Source: China Rubber Web

2021/06/25

Natural rubber markets decline following early May recovery

London – Natural rubber (NR) markets generally declined over the recent weeks, as crude oil prices weakened, and the Chinese government’s began to tackle soaring commodity prices.  Almost all Far East markets monitored by ERJ over the two weeks to 21 May posted a decline, following a slight recovery at the beginning of the m

Source: European Rubber Journal

2021/05/31

Shi Yifeng: Tire production increasing for 1st time on year-on-year basis

Yang Honghui "In 2020, the domestic tire market gradually improved with the support of the national policy of starting internal and external dual circulation. Especially in the second half year, the domestic epidemic prevention and control effectiveness was awesome, and the effect of the internal circular stimulation policy was obvious, especially fo

Source: China Rubber Web

2021/02/23

Market supply & demand improved in both directions, prosperity index of rubber hose & belt industry rebounded

Yang Honghui In the first half of 2020, impacted by the epidemic situation, the rubber hose and belt industry has continued the downward trend of the previous year, with shrinking output, declining profits and limited exports. However, with the effective control of the COVID epidemic in China, the situation continued to improve in the second half of the y

Source: China Rubber Web

2021/02/23

COVID changes travel, bicycle tires production & sales booming

Yang Honghui The sudden outbreak of novel coronavirus pneumonia in 2020 has had a significant impact on social economy and public life, greatly changing the way people travel. In a relatively short period of time, the demand for bicycles and E-bikes has increased greatly, and the market demand for tire products has been synchronized. This is the informati

Source: China Rubber Web

2021/02/23

Decline of Major Economic Operation Indicators of Rubber Industry in the First Three Quarters Continues Narrowing

In the first three quarters, the domestic economic operation recovered steadily, and the economic growth turned from negative to positive; automobile production and sales maintained a positive recovery trend, with a narrowed year-on-year decline and a huge month-on-month increase; however, the export situation was still not optimistic due to the

Source: China Rubber Journal

2020/12/28

Ranking of China Domestic Tire Enterprise in 2020

Ranking of China Domestic Tire Enterprise in 2020 Unit: 100 Million Yuan No. Company Name Sales revenue in 2019 Sales revenue in 2018 Main Brand Note 1 Zhongce Rubber Group Co., Ltd. 209.23 205.28

Source: China Rubber Journal

2020/12/28

Ranking of Chinese tire enterprises in 2020

Ranking of Chinese tire enterprises in 2020 Unit: 100 million Yuan No. Company Name Sale revenue in 2019 Sale revenue in 2018 Major Brand Note 1 Zhongce Rubber Group Co., Ltd. 249.4 235.44 朝阳 Including overseas factory  2 Shandong Linglong Tire Co., Ltd. 1

Source: China Rubber Journal

2020/12/28

Analysis and Evaluation of Capacity and Output Data of Ranking Chinese Tire Enterprises in 2020

◎ Yang Honghui The “Chinese Tire Enterprise Ranking” published by the China Rubber magazine is in its fifth year this year. Based on the principles of fairness, equity and enterprise voluntariness, the ranking has received strong support from the majority of tire enterprises. With the number of domestic and foreign-funded ti

Source: China Rubber Journal

2020/12/28

Synthetic rubber prices see sharp rise in China

BEIJING—China's synthetic rubber prices have surged since the beginning of October, helped by a post-lockdown economic recovery.  Between early October and Oct. 21, styrene butadiene rubber (SBR) and polybutadiene rubber (PBR) producers raised the "ex-works prices" five-fold, to $224-$269 per metric ton, according an Oct. 28 r

Source: Rubber & Plastic News

2020/11/09

Analysis of Economic Operation of Rubber Industry in the First Half Year

According to the statistics of China Rubber Industry Association (hereinafter referred to as CRIA) on 370 member enterprises under 11 branches respectively engaged in tires, cycle tires, rubber hoses & belts, rubber products, rubber shoes, latexes, carbon black, comprehensive utilization of waste rubber, rubber machinery moulds, rubber chemic

Source: China Rubber Journal

2020/10/14

Rubber Chemicals: All the Statistical Data in the First Half Year Fell

◎ Hao Zhangcheng The output and sale data in the first half year published by CRIA Rubber Chemicals Specialized Committee shows, affected by domestic and overseas epidemic, the volume and price fell, the profit had a sharp decline and even was at a loss. In the first half year, the realized total industrial output value of China’s rubber chemic

Source: China Rubber Journal

2020/10/14

CRIA formulates Coated Puncture Self-sealing Tires Evaluation Standards

    July, 1,000 MoM, % YoY, % Jan.-July, 1,000 YoY, % Automobile Total production 2201 -5.3 21.9 12314 -11.8   Total sales 2112 -8.2 16.4 12365 -12.7 Passenger Vehicles Production 1729 -3.9 13.2 9483

Source: China Rubber Journal

2020/10/14

With “Transcript” of Semi-Annual Report Released, How is Tire Market Going?

As of August 31, eleven listed enterprises of China’s tire industry have posted their “transcripts” for the first half of 2020. This article provides a panoramic interpretation of the semi-annual business circumstance from five dimensions, including operation revenue, net profit, prices for sales and procurement, and busine

Source: China Rubber Journal

2020/10/13

CRIA: Economic Operating Status of the Industry Improved in May

◎ Yang Honghui On July 15, it is learned by China Rubber magazine at the 2020 Secretary-General’s Work Conference held by CRIA that COVID-19 has a great impact on China’s rubber industry. According to the statistics of CRIA, except for latexes industry, the cumulative economic operation data of the industry in the first five mont

Source: China Rubber Journal

2020/10/13

Profits of China’s Rubber Machinery Industry Fell Sharply in the First Half Year

◎ Chen Weifang In the first half of 2020, all major economic indicators of China’s rubber machinery industry declined, with sales revenue, export delivery value, profit, etc. all showing double-digit declines. Combining the current orders at hand of rubber machinery enterprises and the impact of COVID-19, it is predicted that the situa

Source: China Rubber Journal

2020/10/13

Cycle Tire Industry: Impact of Epidemic is Gradually Reduced, and It is Expected to Keep the Same in Q3

◎ Chen Zhihai, Secretary-General of Cycle Tire Branch of CRIA From Q2, the economic operation of cycle tire industry has gradually emerged from the haze of COVID-19 and is accelerating its normalization. It is predicted that the production and sales volume of all leading products of the industry in Q3 will basically rebound to the level of t

Source: China Rubber Journal

2020/10/13

Analysis of Economic Operation of Rubber Industry in Q1

According to CRIA’s statistics on 367 member enterprises of 11 branches, respectively tire, hand cart tire, rubber tube and rubber belt, rubber products, rubber shoes, latex, carbon black, comprehensive utilization of waste rubber, rubber machinery mold, rubber chemicals, and framework material, among the main economic indicators of China&r

Source: China Rubber Journal

2020/08/17